Kookmin's prices tight, prices well

In what represents the largest non-privatization offering from Korea, Kookmin Bank secures the tightest discount to spot for a domestic bank DR.
June 19, 2002

In some style and significantly in-the-money, Goldman Sachs Private Equity monetized a portion of its 9.72% stake in Kookmin Bank at New York's close on Tuesday. Pre-greenshoe, the firm raised $633.6 million from the sale of a 3.46% stake that should significantly boost the firm's Asian P&L in a difficult year for investment banking revenues.

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