Bloomberg News

Two Banks Said to Join Industrial Bank of Korea $50 Million Loan

December 01, 2011

Dec. 1 (Bloomberg) -- Australia and New Zealand Banking Group Ltd. and Standard Chartered Plc joined an about $50 million one-year loan for Industrial Bank of Korea, according to a person familiar with the matter.

The loan may sign tomorrow, said the person who asked not to be identified because the details are private.

--Editor: Katrina Nicholas

To contact the reporter on this story: Wendy Mock in Hong Kong at wmock3@bloomberg.net

To contact the editor responsible for this story: Shelley Smith at ssmith118@bloomberg.net


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