KDB back for more dim sum with $203m bond

Korea Development Bank's second three-year deal is priced with a coupon rate of 4.2%, in line with initial guidance. UOB, meanwhile, is poised to follow DBS with a covered bond.

Korea Development Bank jumped back into the dim sum bond market on Tuesday, raising another Rmb1.3 billion ($203.4 million) by issuing its second three-year renminbi-denoninated bond in three months.

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