KEB closes Hana block sale at the second attempt
After Wednesday’s attempt at a block sale failed, Korea Exchange Bank managed to offload 4.35 million shares in Hana Financial Group, raising $167 million.
March 07, 2014
Issuing bonds with a five-and-a-half year tenor seems to be the flavour of the year for Korean and Indian banks. On Wednesday, Korea Exchange Bank (KEB) priced a $500 million bond, closely followed by India's ICICI Bank, which printed a benchmark 144A/Reg-S deal in the early hours of this morning.
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