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Korea First Bank offers $300 million 30-year notes, talked at spread of 300 to 325 basis points
By Reshmi Basu
New York, Feb. 26 - Korea First Bank's upcoming offering of $300 million 30-year notes is talked at a spread of 300 to 325 basis points over the 10-year Treasury, a market source said.
The deal is expected to price in March, according to a sell-side source.
Lehman Brothers and UBS Warburg are the bookrunners on the offering.
Korea First Bank is a financial institution based in Seoul.
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