Published on 10/20/2021 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.
New Issue: Korea Housing sells €550 million 0.258% seven-year social bond
Chicago, Oct. 20 – Korea Housing Finance Corp. sold €550 million of 0.258% seven-year social bonds (AAA) at par, according to a regulatory notice.
BNP Paribas, HSBC, ING, Societe Generale and Standard Chartered Bank are the joint bookrunners and joint lead managers, a syndicate source supplied with initial information about the deal.
The Regulation S and Rule 144A bond is backed by Korean residential mortgages.
The housing finance company is based in Seoul, South Korea.
Issuer: | Korea Housing Finance Corp.
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Issue: | Social bonds
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Amount: | €550 million
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Maturity: | Oct. 27, 2028
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Bookrunners: | BNP Paribas, HSBC, ING, Societe Generale and Standard Chartered Bank
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Coupon: | 0.258%
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Price: | Par
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Yield: | 0.258%
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Trade date: | Oct. 20
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Ratings: | S&P: AAA
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Distribution: | Rule 144A and Regulation S
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Marketing: | Investor call
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