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KOREA DEVELOPMENT BANK PICKED TO MANAGE US$1BLN BOND SALE.

AsiaPulse News

| October 02, 2006 | COPYRIGHT 2006 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, Oct. 2 Asia Pulse - The state-run Korea Development Bank said Sunday it was picked as a lead manager for the planned sale of US$1 billion in bonds.

Barclays Capital, Citigroup Inc., and Credit Suisse were also named to co-manage the global bond sale, the South Korean lender said.

Last month, South Korea said it plans to sell the $1 billion in foreign currency bond, the first sovereign offering since late October 2005, when the country borrowed about $1 billion in international ...

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