Korea Development Bank has done more than any other Asian borrower
to set new benchmarks in the market in the wake of Asia's economic
rehabilitation. Despite an increasing number of Asian issuers, many
Asian deals have so far been somewhat limp. KDB has been the
exception and has kept a consistently high proWle in the markets
with a string of successful and innovative deals, many of which set
benchmarks that will pave the way for other returning Asian
borrowers.
Headline deals from KDB in the past 18 months have included the
borrower's euro sector debut that opened up a new market for Korean
borrowers. The Wve-year benchmark transaction was roadshowed across
Europe and Asia and raised e500 million, breaking the borrower's
previous reliance on...
