KEB returns to sub debt market

After a six week delay, KEB returns to the international subordinated debt markets for the first time in five years.

Korea Exchange Bank (KEB) priced an increased $300 million lower tier 2 deal on Friday (June 3) via joint leads Citigroup and HSBC. The deal was initially re-marketed as a $200 million issue, but upsized to the size KEB had always intended after attracting an order book of $1.3 billion.

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