The Korea Herald

피터빈트

IBK to issue perpetual CoCo bonds worth W300b

By 정민경

Published : Sept. 20, 2016 - 11:28

    • Link copied

[DISCLOSURE] Industrial Bank of Korea (024110) said on Sept. 20 that it has decided to issue perpetual contingent convertible bonds worth 300 billion won (US$271 million). 

IBK will have a call option regarding advanced redemption after 5 and 10 years, respectively.

By Jung Min-kyung (mkj1105@heraldcorp.com)