KEB taps subordinated debt market

Korea Exchange Bank will attempt to raise much needed tier-2 capital on Monday when it prices a dollar-denominated subordinated debt offering.

Korea Exchange Bank KEB will be hoping to ride on the back of renewed bullish sentiment towards emerging market debt when it prices a $200 million upper tier-2 capital issue on Monday. Led by Credit Suisse First Boston, the 10-year non call for five transaction is in the final stages of pre-marketing following investor presentations across the US this week and conference calls with investors in Asia and Europe.

Having been first mandated in April, many market participants were...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Click for more on: keb | taps | subordinated | debt | market

Print Edition

FinanceAsia Print Edition