SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For the month of July 2003
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Kookmin Bank
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(Translation of registrant's name into English)
9-1, 2-Ga, Namdaemun-Ro, Jung-Gu, Seoul, Korea 100-703
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(Address of principal executive office)
Indicate by check mark whether the registrant files or will file
annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F
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Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(1):
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Note: Regulation S-T Rule 101(b)(1) only permits the submission in
paper of a Form 6-K if submitted solely to provide an attached annual report to
security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in
paper as permitted by Regulation S-T Rule 101(b)(7):
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Note: Regulation S-T Rule 101(b)(7) only permits the submission in
paper of a Form 6-K if submission to furnish a report or other document that the
registration foreign private issuer must furnish and make public under the laws
of the jurisdiction in which the registrant is incorporated, domiciled or
legally organized (the registrant's "home country"), or under the rules of the
home country exchange on which the registrant's securities are traded, as long
as the report or other document is not a press release, is not required to be
and has not been distributed to the registrant's security holders, and if
discussing a material event, has already been the subject of a Form 6-K
submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained
in this Form, the registrant is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
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Kookmin Bank Issues Bond-Type Hybrid Tier 1 Securities in Overseas Markets
On July 4, 2003, the board of directors of Kookmin Bank has approved Kookmin
Bank's issuance of bond-type Hybrid Tier 1 Securities in European and Asian
markets for the purpose of diversifying its funding sources and improving its
BIS capital adequacy ratio.
This issue amount will be part of the total issue limit of KRW1.3 trillion of
the bond-type Hybrid Tier 1 Securities approved and disclosed on April 22, 2003.
.. Main Terms & Conditions of Hybrid Tier1 Securities Issue
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- Security type: Bond-type Hybrid Tier1 Securities
- Amount: Around US$500 million
- Expected issue timing: July, 2003
- Maturity: 30 years
(possible renewal with the same terms & conditions, if not redeemed)
- Interest rate: To be decided upon market interest rate on the date of
issuance
- Interest payment type: Non-cumulative
- Call Option: Exercisable after 10 years from issuance date
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Kookmin Bank
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(Registrant)
Date: July 4, 2003 By: /s/ Jong-Kyoo Yoon
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(Signature)
Name: Jong-Kyoo Yoon
Title: Executive Vice President &
Chief Financial Officer
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