Source link : https://asia-news.biz/asia/singapore/the-korea-development-bank-files-for-singapore-listing-of-40-million-bonds-marketscreener/
The Korea Development Bank (KDB) has officially filed for the listing of $40 million worth of bonds on the Singapore Exchange, marking a strategic move to tap into the Southeast Asian capital market. This development underscores KDB’s ongoing efforts to diversify its funding sources and expand its investor base beyond domestic borders. The bond issuance is expected to attract interest from regional and international investors seeking exposure to South Korea’s state-backed financial institutions. Market participants are closely watching the listing as it reflects broader trends in cross-border capital flows within Asia.
Korea Development Bank Targets Singapore Market with Strategic Bond Offering
The Korea Development Bank (KDB) has officially submitted documents to list $40 million worth of bonds on the Singapore Exchange, marking a significant step towards expanding its footprint in the Southeast Asian financial market. This strategic move highlights KDB’s ambition to tap into Singapore’s well-established investor base and leverage the city-state’s role as a regional banking hub. The bond issuance is expected to attract diverse investors looking for stable returns backed by a prominent South Korean financial institution.
Key aspects of the bond offering include:
- Denomination: USD 40 million
- Tenor: Medium-term maturity
- Interest Rate: Competitive fixed coupon
- Use of Proceeds: Funding infrastructure and development projects
- Targeted Investors: Institutional and…
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Author : Caleb Wilson
Publish date : 2025-09-12 10:28:00
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