Triple whammy: KDB returns to dollar bonds for third time in 2020

By Alice Huang
28 May 2020

Korea Development Bank raised $1bn from a new bond on Wednesday, marking its third dollar transaction of the year.

The Aa2/AA/AA- rated issuer raised $1.5bn from a dual-tranche trade in February, and came to the market again with a $500m floating rate 2023 transaction in April. With the April deal, KDB reopened the international debt market for Korean issuers, after they were temporarily locked out ...

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