South Korea’s Kookmin Bank talks dollar benchmark 5.5-year notes at Treasuries plus 135 bps

By Rebecca Melvin

New York, Sept. 18 – Kookmin Bank set talk for a dollar-denominated benchmark offering of 5.5-year notes (expected ratings: A1/A+) at Treasuries plus 135 basis points, a market source said.

Citigroup, Commerzbank, ING, JPMorgan, MUFG and Societe General CIB are the joint bookrunners for the Rule 144A and Regulation S offering.

Orders of more than $600 million had already come in for the deal that was expected to price later Monday.

Kookmin Bank is a lender based in Seoul, South Korea.

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