TAIPAN: Kookmin shows small can be beatiful
Things must be looking up if a Korean commercial bank can sell dollar bonds without any kind of credit guarantee in a week when the Korea’s northern neighbours are testing nuclear rockets and tearing up peace treaties.
Kookmin Bank opened another new market this week, and I’m not talking about the kind of market where my dear Tai Tai picks up her designer handbags.
Not the covered bond market, either. Kookmin opened that one already. No, this time it’s the big one — the senior unsecured,
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