Korea mandates six to lead return to global bond market

23 Mar 2009

The Republic of Korea moved a step closer to a return to the international bond markets on Monday as it picked six banks to lead manage a deal that could be worth as much as $7bn, according to bankers involved in the bidding process.

The sovereign has appointed Citi, Credit Suisse, Deutsche Bank, Goldman Sachs, Merrill Lynch and Samsung Securities to arrange the global debt sale, bankers said. None of the banks involved would comment pending an official announcement from the government.

News of the mandate comes a week after Korea registered ...

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