Korean credits dominate Asian issuance

Quasi sovereigns KDB and Korea Southern Power return to the international bond market.

In a busy day for Korean borrowers yesterday Tuesday, KDB issued its second five-year deal of the year and Korea Southern Power Kospo further extended the maturity profile of the genco sector with a 10-year offering.

KDB's issue was particularly noteworthy, since it represents the first $1 billion single tranche transaction by any Korean entity outside the sovereign in over a decade. There has only ever been one other non-sovereign issue of this size...

To continue reading, please login or register for free

Click for more on: korean | credits | dominate | asian | issuance

Print Edition

FinanceAsia Print Edition