Korea Development Bank issued US$1 billion of global bonds on Sept. 23, The Digital Times reported, citing the policy bank.
The dual-tranche offering comprised US$500 million of three-year floating-rate bonds with a coupon of 47.5 basis points above the three-month LIBOR and US$500 million of fixed-rate bonds with a coupon of 60 basis points above the 5-year U.S. Treasury rate.
