Daejeon to make Samurai first

Korea''s second administrative capital has mandated Nomura Securities for a debut capital markets fundraising.

It has been a good week for the Japanese securities firm, which also snagged the mandate for a Y50 billion $406 million Samurai by the Korea Development Bank KDB on Monday.

This deal is likely to precede a Y13 billion $105.4 million Samurai guaranteed by the Daejeon Metropolitan City, planned for late Julyearly August. The latter will embrace a special purpose vehicle SPV, through which three local construction companies plan to raise...

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