Korea's Kookmin Bank plans to start roadshow Nov. 21 week for five-year dollar-denominated notes

By Reshmi Basu

New York, Nov. 17 - South Korean lender Kookmin Bank (A3/A-/A) plans to start a roadshow for an offering of five-year dollar-denominated floating-rate notes during the Nov. 21 week, according to a market source.

The roadshow will start in Singapore on Nov. 24, followed by Hong Kong on Nov. 25 and will wrap up in London on Nov. 28. Price is expected to take place thereafter.

Banc of America, Barclays Capital and Goldman Sachs are acting as joint bookrunners for the Regulation S issue of senior unsecured notes.

The source did not have a size for the deal but in a Securities and Exchange Commission filing Thursday Kookmin Bank said it was aiming for a $300 million sale.

The issuance will be a drawdown from the company's $3 billion global medium-term note program.

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