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  • IBK to issue perpetual CoCo bonds worth W300b
    IBK to issue perpetual CoCo bonds worth W300b
    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)
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IBK to issue perpetual CoCo bonds worth W300b

Sept. 20, 2016 - 11:28 By 정민경
[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)
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