Korea Development Bank asks for proposals on potential $1 billion bond offering

By Reshmi Basu

New York, July 7 - Korea Development Bank (KDB) has sent out requests for proposals on a potential $1 billion bond offering, according to a market source.

The deadline for responses is Monday.

The potential bond offering is part of KDB's plan to raise $2 billion in the capital markets in the second half of this year.

KDB is Korea's largest overseas borrower.

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