Korea Development Bank talks 10-year notes at 135 bps spread

By Christine Van Dusen

Atlanta, Sept. 9 – Korea Development Bank set initial talk at Treasuries plus 135 basis points for a dollar-denominated offering of notes due in 10 years, a market source said.

BNP Paribas, BofA Merrill Lynch, Credit Agricole CIB, JPMorgan, KDB Asia, Standard Chartered Bank and UBS are the bookrunners for the Securities and Exchange Commission-registered offering.

The proceeds will be used for general operations.

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