GC
Triple whammy: KDB squeezes price on dollar deal
Korea Development Bank returned to the bond market on Monday with a three-tranche transaction, marketing one of the notes with a green label. Despite pricing its trade at one of the tightest levels seen among the country’s lenders, the borrower still received strong demand.
The senior transaction, which was split between a three year and five month green bond, a 5.5 year note and a 10 year tranche, raised $1.5bn in total.
Bookrunners Bank of America, BNP Paribas, JP Morgan, KDB Asia, Société Générale, Standard Chartered and UBS, with co-manager ...Already a subscriber? Login
