KDB tightly prices $1.5bn bond amid soft sentiment

State-owned Korean policy bank raised a tightly priced dual-tranche note, riding on the success of Kexim’s deal last week and defying weaker market sentiment.

Chien Mi Wong

January 14, 2014

Korean Development Bank (KDB) sold a $1.5 billion dual-tranche bond on Monday, replicating the structure of Export-Import Bank of Korea’s (Kexim) note issued last week.

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Debt
North Asia

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