Kookmin Card launches $500 million ABS

Issuer secures highest ratings for unwrapped cross-border securitization out of Korea
October 31, 2002

Kookmin Card, one of Korea's biggest credit card companies, has launched the first of two planned international securitizations this year with a $500 million deal via ING. Bank One is arranging the second transaction, also for $500 million.

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