Search results for Credit Agricole
Finance
KB Kookmin Bank issues 650 million euro sustainable covered bond
KB Kookmin Bank issued a 650 million euro sustainable covered bond and set the spread at 24 basis points, 12 basis points lower than a same-tenor issue last year. The bank said it completed the 4-year euro sustainable covered bond sale on Sept. 14. The bond yields 3.625%, adding 0.24 percentage points to the 4-year euro mid-swap rate. The bank said demand reached about 1.5 times the issue size.
Crypto
French exchange Lise seeks Europe\'s first fully onchain IPO with ST Group listing on April 9
Paris-based Lightning stock exchange Lise is preparing a listing that could become Europe’s first fully onchain initial public offering. CoinDesk reported Lise plans to list French aerospace parts supplier ST Group on April 9. ST Group makes composite parts used in aircraft, defense systems and space programs, and estimates potential program revenue over the next 10 years at about 59 million euros ($68 million).
Finance
NH NongHyup Bank Hong Kong branch succeeds in issuing $50 million global bond
NH NongHyup Bank\'s Hong Kong branch has successfully issued a $50 million global bond, the bank said on Thursday. It marks the first time the bank\'s overseas unit has independently issued a bond in a host-country capital market using its local network. The one-year floating-rate bond was issued at about SOFR plus 42 basis points. Proceeds will be used to support Korean companies\' overseas expansion and overseas infrastructure project financing.
