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Published on 2/25/2015 in the Prospect News Emerging Markets Daily.

Industrial Bank of Korea talks Australian dollar five-year notes at mid-swaps plus 115 bps area

By Christine Van Dusen

Atlanta, Feb. 25 – Industrial Bank of Korea set talk in the mid-swaps plus 115 basis points area for an offering of Australian dollar-denominated five-year notes (expected ratings: Aa3/A+/AA-), a market source said.

ANZ, Nomura Securities and UBS are the bookrunners for the deal, which is expected to price Thursday.


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