Korea Water selects banks to lead international non-deal roadshow

By Paul A. Harris

St. Louis, April 13 - Korea Water Resources Corp. mandated Standard Chartered Bank, BNP Paribas, Daewoo Securities, Deutsche Bank, Goldman Sachs and Morgan Stanley to lead a non-deal roadshow beginning Thursday, a market source said.

Moody's Investors Service assigns its A2 issuer rating to the Daejeon, South Korea-based company, which oversees South Korea's water resources. Standard & Poor's, meanwhile, assigns its A rating to the issuer.

The international roadshow features stops in Asia, Europe and the United States and is expected to wrap up on April 23.

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