KDB makes statement with $1bn deal amid North Korea turmoil

Korea Development Bank made a strong statement to the market with a $1bn triple-tranche deal on Tuesday, despite some investors being wary about North Korea and others balking at the price.

  • By Morgan Davis
  • 13 Sep 2017


Headlines around North Korea have caused some knee-jerk reactions in the market this year, and KDB became the latest issuer affected when it marketed its dollar notes this week. Tensions have ebbed and flowed in recent weeks, with North Korea again threatening the US after the United Nations ...

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