KDB doubles fundraising requirement

With plans to raise up to $4 billion from international bond and loan markets during 2003, KDB has made sure its first deal of the year was a success.

The Korean policy bank underlined its market expertise and adeptness late last Thursday with a $500 million re-opening of its 2007 and 2012 bonds. KDB's head of international funding, Bong-Sik Choi, says the bank is hoping to raise double its normal offshore fundraising quota during 2003 and therefore knew it would be crucial to set the right tone with its first deal. It would have also been conscious of a pressing need to re-affirm its status as Korea's most...

To continue reading, please login or register for free

Click for more on: kdb | doubles | fundraising | requirement

Print Edition

FinanceAsia Print Edition


  • Green Bonds Southeast Asia

    25 May 2017  |  Singapore
    With Green Bonds globally reaching USD200 billion outstanding in 2016, from as little as 30bn just 4 years ago, can SE Asia corporations and ...
  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...