Kookmin brings new FRN to market

Joint lead managers Bank of America, Barclays Capital and Goldman Sachs priced a new $300 million five-year FRN for Korea's Kookmin Bank on Tuesday night (November 28). The deal marks Kookmin's first return to the senior bond markets since June 2003 when it tapped its 4.625% December 2007 bond for $200 million.