Commentary & Deal Flow

Spread set at: Short 5yr: MS+35bp - Books >€1.0bn (incl. €150m JLM)
Book Update: Books >€1.0bn (incl €150m JLM)
Guidance: Short 5yr: MS+39a

• Issuer: KEB Hana Bank
• Issuer Ratings: Aa3 (stable) by Moody's, A+ (stable) by S&P, and A (stable) by Fitch
• Exp. Issue Ratings: AAA by S&P / AAA by Fitch
• Security Type: Statutory Covered Bond under the Korean Covered Bond Act
• Format: Reg S, Registered form, Category 2
• Size: €500m (expected)
• Settlement: 20-Apr-26 (T+7)
• Maturity: 20-Jan-31, Soft Bullet
• Spread Set: MS+35bps
• Coupon: Fixed Rate, Annual Act/Act
• Terms: 100k/1k Denoms, SGX & Frankfurt Listing, English Law
• JLMs: Commerzbank, Crédit Agricole CIB, Deutsche Bank, HSBC, ING (B&D), Mizuho
• UoP: KEB Hana Bank will apply an amount equal to the Net Proceeds to finance and/or re-finance eligible green assets and projects in Green Eligible Categories under its Sustainability Financing Framework.
• Advertisement: The Final Offering Circular, when available, will be published on the website of the Singapore Exchange https://www.sgx.com/securities/prospectus-circulars-offer-documents
• LEI: 6RPK2YDJN6L35AS0M510
• Timing: Books Open, Today's Business
• Books Subject: 12.45 UKT