General Announcement::Libor transition to Term SOFR per Benchmark Event

Issuer & Securities

Issuer/ Manager
KOOKMIN BANK
Securities
KOOKMINBK US$50MF250521 - XS2177666307 - 94FB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
05-Jul-2023 08:54:46
Status
New
Announcement Sub Title
Libor transition to Term SOFR per Benchmark Event
Announcement Reference
SG230705OTHRSJS8
Submitted By (Co./ Ind. Name)
Soonae Kim
Designation
Senior Manager
Effective Date and Time of the event
03/07/2023 00:00:00
Description (Please provide a detailed description of the event in the box below)
Since the Benchmark Event has occured, Kookmin Bank(the issuer) has determined the interest rate to be the sum of 1) CME 3M Term SOFR and 2) the Benchmark Replacement Adjustment(being 0.26161%) and the relevant original Margin in respect of the Notes.

Attachments

Kookmin Bank - Notice to Noteholders_Term SOFR_XS2177666307_Executed.pdf
Total size =236K