By Aaron Hochman-Zimmerman
New York, April 11 - Korea Development Bank (Aa3/A/A+) priced CHF 100 million bonds five-year bonds at 100.25 with a coupon of 4 1/8%, according to a market source.
BNP Paribas acted as the bookrunner for the deal.
KDB is a Seoul-based state-run bank.
| Issuer: | Korea Development Bank
|
| Amount: | CHF 300 million
|
| Issue: | Five-year bonds
|
| Maturity: | 2013
|
| Coupon: | 4 1/8%
|
| Price: | 100.25
|
| Bookrunner: | BNP Paribas
|
| Pricing date: | April 11
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: A
|
| Fitch: A+
|
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