Kookmin secures re-opening

Korea''s largest domestic bank re-opens its December 2007 bond with a further $200 million line of paper.

Joint lead managers Barclays Capital and HSBC took Kookmin Bank's 4.625% December 2007 bond up to $500 million yesterday (Tuesday). The re-opening priced exactly where the market had been anticipating and came flat to the secondary market bid of its existing paper.

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