KDB ponders yen bond as Hana Bank woos investors

KDB's Bong Sik Choi tells FinanceAsia that the policy bank plans to be opportunistic, amid easing concerns about future state ownership.

Bong Sik Choi, general manager of the international banking department at Korea Development Bank KDB, has told FinanceAsia that the government-owned policy bank plans to raise at least another $1.4 billion in 2009.

KDB has already raised $2.6 billion this year, including a successful $2 billion five-year global bond in January, and has a total refinancing requirement of $4 billion. However, it may raise more if it has the opportunity, and it is keen to lock in for...

To continue reading, please login or register for free

Click for more on: bond | hana | change of support | government guarantee

Print Edition

FinanceAsia Print Edition