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Moody's gives definitive Aa3 rating to Korea Housing Finance.
(From Banking and Credit News)
BANKING AND CREDIT NEWS-July 26, 2011--Moody's gives definitive Aa3 rating to Korea Housing Finance (C)2011 M2 COMMUNICATIONS http://www.m2.com
26 July 2011 -- Moody's said it gave a final Aa3 long-term rating to Korea Housing Finance Corp's (KHFC) USD500m (EUR345.6m) covered bonds. The bonds bear a 3.5% coupon and mature in 2016. The deal is the second cross-border covered bonds transaction issued under the KHFC Act, the agency noted. The covered bonds are primarily …
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