Korea East West Power sets talk for $300 million 10-year bonds at mid-swaps plus 40 to 45 basis points

By Reshmi Basu

New York, Nov. 8 - Korea East West Power set price talk for a $300 million offering of 10-year bonds (A2/A-/A-) at mid-swaps plus 40 to 45 basis points, according to a market source.

Barclays Capital, Credit Suisse First Boston and Lehman Brothers are managing the sale of the Rule 144A/Regulation S deal.

The Seoul-based issuer is a wholly owned unit of state-owned Korea Electric Power Corp.

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