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Korea Exchange Bank to sell dollar-dominated five-year floating-rate issue
By Aaron Hochman-Zimmerman
New York, July 11 - Korea Exchange Bank plans to sell a dollar-dominated five-year floating-rate issue (A2/BBB+), according to a market source.
Calyon, HSBC, Merrill Lynch and Morgan Stanley will act as bookrunners.
The new bonds will be released as part of the bank's $4 billion euro medium-term note program.
The government-owned commercial and investment bank is based in Seoul, South Korea.
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