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London Stock Exchange Celebrates The Korea Development Bank’s Inaugural SSA-Style US$ 3 Billion Dual-Tranche Bond Transaction

The Korea Development Bank (KDB) is celebrating the listing of its inaugural SSA-style US $3 billion dual-tranche bond on the International Securities Market (ISM) by opening the market at the London Stock Exchange. 

KDB marked a significant milestone with the successful launch of its dual-tranche bond offering, totaling US$ 3 billion, comprised of a US$ 1.75 billion tranche with a 3-year maturity and a US$ 1.25 billion tranche with a 5-year maturity. This offering demonstrated strong investor demand and welcoming of the transition to a SSA-style execution process. This issuance enhances KDB’s position and reputation as a strong SSA issuer in the global capital markets.

As Korea’s largest policy bank and a bank wholly owned by the Korean government, KDB has reaffirmed its commitment to advance the breadth and depth of its investor base. This successful issuance showcases the Bank’s focus in fostering ongoing relationships with the highest quality international investor base.

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