KDB picks four for global bond

The bank mandates four houses for a $1 billion equivalent multi currency, multi-tranche issue.

Four banks are set to lead manage a dollar and euro-denominated deal for KDB, with Credit Suisse First Boston appointed global co-ordinator and Barclays, HSBC and JPMorgan joint bookrunners. Roadshows are expected to begin at the end of this week taking in Singapore, the US and Europe ahead of pricing in the middle of next week.

KDB is said to remain flexible at how it will cut the deal, but has said it wants to issue...

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