ibk

The deal was completed four years after the Korean policy bank announced its intention to sell, coming ahead of a change in accounting rules next year.

Government takes advantage of share price spike to offload more of its stake in the policy bank.

Syndicates opened books a few days earlier for the Korean bank, with hedge funds and long-only institutions keen to get in on the GDRs.

State-owned Industrial Bank of Korea exploits its scarcity value to raise $500 million in an aggressively priced bond deal.

A muddle over a planned block sale of IBK shares highlights the Korean government's clumsy performance in the banking sector.

Korea's largest steelmaker is set to launch the first US dollar issue this year by an Asian private company.

Dollar bond issues by Hana Bank and Industrial Bank of Korea are likely to take advantage of government-issued foreign currency payment guarantees.

Industrial Bank of Korea upsizes its M$400 million deal to an unexpected M$1 billion. Meanwhile, Kospo begins a roadshow for its dollar bond and Hyundai Capital shelves its ringgit deal.

Government takes advantage of share price rally.