KDB leads Koreans on global capital search

23 May 2013

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. Next from the country could well be a dollar deal from the sovereign, which is looking to market ...

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