Korea's Kexim sets talk at Libor plus 70 bps area for sterling benchmark three-year notes

By Christine Van Dusen

Atlanta, March 14 - Export-Import Bank of Korea (Kexim) has given price guidance in the area of Libor plus 70 basis points for a sterling-denominated offering of benchmark-sized notes due in three years (Aa3/A+/AA-), a market source said.

Deutsche Bank and RBS are the bookrunners for the Regulation S-only deal.

The notes are expected to price on Friday.

Kexim is a lender based in Seoul, South Korea.

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