KDB makes statement with $1bn deal amid North Korea turmoil

Morgan Davis

September 13, 2017 11:30 am

korea woman px230 — A woman wearing a traditional costume "Hanbok" walks by South Korean national flags hanging on a tree to celebrate the March First Independence Movement Day, the anniversary of the 1919 uprising against Japanese colonial rule, in Seoul, South Korea, Tuesday, March 1, 2016. (AP Photo/Ahn Young-joon) | Ahn Young-joon/AP/Press Association Images

Korea Development Bank made a strong statement to the market with a $1bn triple-tranche deal on Tuesday, despite some investors being wary about North Korea and others balking at the price.

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Topics

SSA UBS KDB Daewoo Securities Supras and agencies South Korea Asia Mizuho Morgan Stanley Northeast Asia Asia Pacific Emerging Markets Société Générale Goldman Sachs

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Morgan Davis

Deputy editor GlobalCapital Asia