KDB considers return to Samurai bond market in first half
Korea Development Bank is considering a return to the Samurai bond market in the second quarter of the year, in a deal that would test the appetite of Japanese investors for bonds without a top triple-A rating.
KDB is considering a deal worth $300m, following a ¥32bn ($325m) Samurai bond in August 2008.
Rated A by Standard & Poor’s, KDB would be the lowest-rated foreign issuer to sell bonds in the Samurai market since Lehman Brothers collapsed in September. Westpac Banking Corp re-opened the Samurai
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