The deal was completed four years after the Korean policy bank announced its intention to sell, coming ahead of a change in accounting rules next year.
KT Corp prices a $350 million dollar bond after attracting an overwhelming $4.7 billion in orders, while Lifestyle drums up $1 billion of demand for its $350 million debut bond.
Industrial Bank of Korea kicks off Korean G3 issuance in 2010 with senior unsecured 5.5-year notes. Korea Development Bank and Kexim are expected to be next in line.