Bong Sik Choi, general manager of the international banking department at Korea Development Bank KDB, has told FinanceAsia that the government-owned policy bank plans to raise at least another $1.4 billion in 2009.
KDB has already raised $2.6 billion this year, including a successful $2 billion five-year global bond in January, and has a total refinancing requirement of $4 billion. However, it may raise more if it has the opportunity, and it is keen to lock in for mid- and long-term tenors.
Choi said that KDB is now looking at other major currencies, such as euros and -- especially -- yen, and completed a roadshow to Japan in early March. But,...
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