Korea Development Bank plans dollar-denominated notes due March 2020

By Christine Van Dusen

Atlanta, Sept. 5 - Korea Development Bank is planning a dollar-denominated issue of notes due March 2020 that will price this month, according to a company filing.

Credit Suisse, HSBC, JPMorgan, KDB Asia, Morgan Stanley and RBS are the bookrunners for the Securities and Exchange Commission-registered deal.

Proceeds will be used for general operations, including extending foreign currency loans and repayment of maturing debt and other obligations.

Korea Development Bank is a state-owned policy bank based in Seoul, South Korea.

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