Korea Development Bank sets talk for dollar benchmark 51/2-year bond; pricing expected Tuesday

By Christine Van Dusen

Atlanta, Sept. 10 - Korea Development Bank set final guidance in the Treasuries plus 140 basis points to 145 bps area for its upcoming offering of dollar-denominated and benchmark-sized notes due in 5½ years (Aa3//AA-), a market source said.

Citigroup, Deutsche Bank, Korea Development Bank, Mizuho Securities and Standard Chartered Bank are the bookrunners for the Securities and Exchange Commission-registered deal.

The notes are expected to price on Tuesday.

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