KDB leads Korean attempts to find international capital
The Korea Development Bank (KDB) made its first foray into the euro market since 2007 on Wednesday with a €500m five year bond. The borrower’s attempt to appeal to European investment grade buyers rather than its traditional Asian and domestic investor base allowed it to achieve a pricing 15bp through initial price thoughts (IPTs). Next from the country could well be a dollar deal from the sovereign, which is looking to market itself in the UK and the US.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts