Korea Southern Power's $150 million 10-year notes talked at T+138 to 143 bps, pricing Monday

By Reshmi Basu

New York, July 9 - Korea Southern Power (KOSPO) set guidance for its planned offering of $150 million 10-year notes (A3/A-) at Treasuries plus 138 to 143 basis points, according to a market source.

Pricing is expected on Monday.

Proceeds will be used to pay for fuel costs.

Korea Southern is a subsidiary of Korea Electric Power Corp. (KEPCO).

Barclays Capital and ABN Amro Holding NV are running the Regulation S deal.

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