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Korea Development Bank talks dollar five-year notes at low-80 bps area over Treasuries
By Christine Van Dusen
Atlanta, May 11 – Korea Development Bank set talk in the Treasuries plus low-80 basis points area for a dollar-denominated offering of benchmark-sized notes due in five years (expected ratings: Aa3/A+/AA-), a market source said.
Barclays, Citigroup, Credit Suisse, Goldman Sachs, HSBC, KDB Asia and Societe Generale are the bookrunners for the Securities and Exchange Commission-registered deal.
The notes are expected to price on Monday.
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