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Industrial Bank of Korea plans to issue $300 million five-year floaters
By Reshmi Basu
New York, April 19 - Industrial Bank of Korea plans to issue a minimum offering of $300 million in five-year floating-rate notes (A3/A-/A+), according to a market source.
ABN Amro, Barclays Capital and JP Morgan are joint bookrunners for the Regulation S transaction.
The issue is expected to price this week. Industrial Bank of Korea is a Korean bank with a policy focus.
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