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Korea National Housing to issue €400 million five-year notes
By Reshmi Basu
New York, Nov. 2 - Korea National Housing Corp. plans to issue a maximum of €400 million in five-year notes (A3/A), according to a market source.
The issue is expected to be structured as floating-rate notes.
A roadshow is scheduled in Paris on Monday, Frankfurt on Tuesday and London on Wednesday. Pricing is expected to take place afterwards.
Citigroup, Deutsche Bank, HSBC and Morgan Stanley are managing the Regulation S transaction.
The Seoul-based issuer is involved in housing construction and urban redevelopment.
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