SEOUL, March 27 (Reuters) - The Korea Development Bank (KDB) said on Friday it would raise 2 trillion won ($1.5 billion) in domestic bond sales and lend the proceeds to Hyundai Motor , two business groups, and some small firms. The state-owned bank will initially sell 1 trillion won worth of two-year collateralised bond obligations (CBO) in early April, based on its holding of bonds issued by units of Hyundai Motor and the SK and Doosan business groups. "Large business groups have found ...
Premium Content (PAID Subscription Required)
"S.Korea KDB to sell $1.5 bln CBOs to boost lending" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.