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Korea Hydro Nuclear Power talks benchmark dollar-denominated notes at Treasuries plus 400 bps area
By Paul A. Harris
St. Louis, June 8 - Korea Hydro & Nuclear Power Co. Ltd. set price talk for its benchmark-sized dollar-denominated five-year note (A2//A+) offering at the Treasuries plus 400 basis points area, according to a market source.
The offering is expected to price during the June 8 week.
Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and Goldman Sachs & Co. are the bookrunners.
The notes, which will be offered under Rule 144A and Regulation S, are expected to be listed on the Singapore Stock Exchange.
Korea Hydro & Nuclear Power is a Seoul-based government-run energy firm.
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