Asian loan market applauds as KDB bags $200m loan
Korea Development Bank hit its $200m loan target this week showing that there is strong appetite for South Korean foreign institutional debt within the bank market especially at a fair price. The loan was oversubscribed and bookrunners — Calyon, Commerzbank, Mizuho and Natixis —were scaled back from their original $30m take and holds and committed $27.5m each on the one year piece.
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