Korea Development Bank hires Barclays, CSFB, HSBC to run $1 billion bond offering

By Reshmi Basu

New York, July 9 - Korea Development Bank hired Barclays Capital, Credit Suisse First Boston and HSBC as bookrunners for its $1 billion bond offering, according to a market source.

The selection comes after KDB requested proposals for raising the money.

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

KDB is Korea's largest overseas borrower.

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