KFB prices Korea's biggest cross-border securitization

Amid talk of HSBC takeover KFB sells €550m RMBS to European investors.

Korea First Bank has priced its latest mortgage-backed securitization at the aggressive end of the marketed range. The €550 million offer, which is the biggest ever cross-border securitization from South Korea and the largest asset-backed euro deal in Asia this year, was pitched to investors at a range of 21bp to 23bp over Euribor.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media