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Korea Development Bank intends to sell notes in three tranches, including green notes
By Rebecca Melvin
Concord, N.H., Feb. 16 – Korea Development Bank plans to sell a three-part offering of notes, including one series of green notes, according to a 424B5 filing with the Securities and Exchange Commission.
Joint bookrunners and lead managers for the notes are BNP Paribas, BofA Securities Inc., HSBC Ltd., J.P. Morgan Securities LLC, KDB Asia Ltd., Societe Generale CIB and UBS AG Hong Kong Branch.
Kexim Asia Ltd. is co-manager of the deal.
Proceeds will be used for general operations. Proceeds from the green notes will be used toward financing and/or refinancing new or existing projects from eligible green categories. Sustainalytics provided a second-party opinion.
The bank is based in Seoul, South Korea.
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