Investors buy IBK bonds despite uncertainty about privatisation

IBK prices a $500 million bond issue after an extensive global roadshow with investors raising questions about the level of government support.

IBK's mandate is to help Korea’s SMEs

Denise Wee

March 24, 2011

Korean policy bank Industrial Bank of Korea (IBK) early yesterday morning priced its $500 million 5.5-year bond, following an extensive round of global roadshows that kicked off in Asia on March 4 and ended in the US last week. BNP Paribas, Citi, Morgan Stanley and Royal Bank of Scotland were the bookrunners. IBK Securities was a co-manager.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.