Korea Development Bank Issues $3 Billion Global Bond

USD 900 Million with 3-Year Maturity
USD 2.1 Billion with 5-Year Maturity

On the 23rd, the Korea Development Bank announced on the 24th that it issued a global bond worth USD 3 billion (approximately KRW 4.3 trillion) targeting global investors.

Seoul Yeongdeungpo-gu Yeouido Korea Development Bank building. Provided by Korea Development Bank

The issuance consisted of USD 900 million (approximately KRW 1.3 trillion) with a 3-year maturity and USD 2.1 billion (approximately KRW 3 trillion) with a 5-year maturity.

The bank explained, "Despite ongoing domestic political uncertainties and market fluctuations following the inauguration of U.S. President Donald Trump, we issued a large amount following the USD 3 billion issuance in February last year through active communication with investors and a tranche diversification strategy."

The bank also stated that it secured numerous high-quality investors by implementing the SSA (Sovereigns, Supranationals, and Agencies) issuance strategy, which it introduced domestically for the first time last year.

This content was produced with the assistance of AI translation services.