Eurobond Issue(Nov.28,2002)
2002-11-29On November 28, Kookmin Bank announced that it commences the road show for issuance of Eurobond in amount of US$ 300 million. Details are as follows.
• Type of issue: Public offering in Europe
• Use of proceeds: Capital for redemption of overseas subordinated bond and repayment of overseaborrowing
• Subscription: Expectedly on December 11, 2002
• Maturity: Five years from the subscription date
Coupon rate will be determined upon the contract date. The deal can be sized up to US$ 400 million if investors show good responses.