Korea Development Bank is proposing US$ notes to fund general operations, including foreign-currency lending and repayment of maturing Debt and other obligations. The bank reported W 230,566.0 billion of loans outstanding as of June 30, 2026, giving investors the stated operating context for the planned financing and its intended deployment.

Key Highlights

  • Korea Development Bank’s authorized Capital was W 45,000 billion as of June 30, 2026.
  • Offering-related expenses for the 20 Notes are estimated at US $100,000.
  • Loans outstanding totaled W 230,566 billion as of June 30, 2026.

The preliminary terms cover notes with two separate maturities, and interest is payable semi-annually. Net proceeds are intended for general operations, including extending foreign currency loans and repaying maturing debt and other obligations.

Dollar Notes For Operations

The proposed securities comprise one US$ aggregate principal amount of notes due in one Maturity and another US$ aggregate principal amount due in a separate maturity. The notes in each Tranche will bear interest at rates that are not specified in the preliminary supplement. Interest payments on the notes are scheduled on a semi-annual basis. The securities are described in a preliminary prospectus supplement that remains subject to completion. Korea Development Bank is the issuer of the notes. The stated use of proceeds is general operations, including foreign-currency lending and repayment of maturing debt and other obligations.

Loan Book And Capital Base

Loans outstanding totaled W 230,566 billion at June 30, 2026. Total Assets were W 387,052.4 billion, while total Equity reached W 46,190.4 billion. The bank’s authorized capital was W 45,000 billion at the same date.

Proceeds And Offering Costs

The net proceeds from the notes will be directed to general operations. The specified purposes include extending foreign currency loans and paying maturing debt and other obligations. Offering expenses for the 20 Notes are estimated at US $100,000. The stated net proceeds are calculated after Underwriting discounts but before estimated expenses. The underwriters have agreed to pay certain expenses connected with the offering. The supplement states the proceeds uses and expense estimate, and the preliminary supplement remains subject to completion.

Recent Financial Figures

Net income for the period was W 1,107.3 billion. As of December 31, 2025, loans outstanding were W 220,702.8 billion, total assets were W 346,273.1 billion and total equity was W 45,455.4 billion. For the six months ended June 30, 2025, interest income was W 5,582.3 billion, interest expense was W 5,040.4 billion and Net Income was W 1,908.4 billion. Korea Development Bank’s stated proceeds plan covers foreign-currency lending and repayment of maturing debt and other obligations.