KDIC securitization placed privately

Korea''s KDIC hits the international ABS market for the first time with a $278 million deal.

Rob Davies

September 13, 2001

The Korea Deposit Insurance Corp. (KDIC), one of the government agencies responsible for restructuring of the financial sector, has finally launched its first international securitization.

Credit Suisse First Boston, Daewoo Securities, Hyundai Securities and SG were mandated last November to arrange the $278 million deal, but legal issues relating to KDIC subsidiaries caused delays to a deal initially targeted for launch in March.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.