KDB mandates bond tap

Credit Suisse First Boston and HSBC win joint books for a re-opening of the policy bank''s 5.25% November 2006 transaction.

After a hard fought competitive bidding process, the two houses were mandated late on Friday for a re-opening of the Korea Development Bank's (KDB) recent $500 million dollar benchmark, with launch expected either Tuesday or Wednesday pending the completion of due diligence.

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