KDB taking indications of interest for new three-year Kangaroo
- Monday, 17 August 2020
On 17 August, Korea Development Bank (KDB) (AA/Aa2/AA-) began taking indications of interest for a potential three-year, Kangaroo transaction, offered in either or both fixed and floating-rate note formats. Initial price thoughts are 70 basis points area over swap benchmarks, according to lead managers ANZ, KDB Asia, MUFG Securities and National Australia Bank.
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