A new subordinated dollar bond offering was priced yesterday (Tuesday) for KorAm Bank. Led by Salomon Smith Barney, the $200 million 10 non-call five lower tier 2 transaction was priced at par with a coupon of 5.64% to yield 260bp over Treasuries.
A new subordinated dollar bond offering was priced yesterday (Tuesday) for KorAm Bank. Led by Salomon Smith Barney, the $200 million 10 non-call five lower tier 2 transaction was priced at par with a coupon of 5.64% to yield 260bp over Treasuries.
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].