General Announcement::Benchmark Transition Event

Issuer & Securities

Issuer/ Manager
KEB HANA BANK
Securities
KEBHANABK US$400MF240613 - XS2007215606 - OZWB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
11-Jul-2023 13:41:00
Status
New
Announcement Sub Title
Benchmark Transition Event
Announcement Reference
SG230711OTHRZ872
Submitted By (Co./ Ind. Name)
Kook Jin SEO
Designation
Senior Manager
Description (Please provide a detailed description of the event in the box below)
NOTICE IS HEREBY GIVEN to the holders of the outstanding Notes issued by Hana Bank (the Issuer ) that pursuant to
Condition 5(b)(vii) (Effect of Benchmark Discontinuance Event) of the Notes, the Issuer has determined that:

1. a Benchmark Discontinuance Event has occurred with respect to the Notes (particulars of which are as specified below);
and

ISIN : XS2007215606
Common Code : 200721560
Issue Date : 13 June 2019
Next Interest Payment Date : 13 September 2023
Maturity Date : 13 June 2024

2. for each Interest Period commencing after 30 June 2023, interest in respect of the Notes will be calculated on the basis
of the Benchmark Replacement, which the Issuer has determined to be the sum of: (1) CME 3M Term SOFR, (2) the
Benchmark Replacement Adjustment (being 0.26161%) and (3) the relevant original Margin in respect of the Notes
(being 0.75%), together with certain Benchmark Replacement Conforming Changes (as further outlined in Annex
A attached hereto).

Capitalized terms used but not otherwise defined herein (including in Annex A) shall have the meanings given to such
terms in respect of the Notes in (i) the terms and conditions of the Notes set out in the offering circular dated 11 January
2019 and (ii) the pricing supplement dated 29 May 2019.

Attachments

Hana Bank LIBOR SGX Notice XS2007215606.pdf
Total size =2668K