New Issue: Korea Exchange Bank prices $300 million 1¾% notes due 2015 to yield Treasuries plus 155 bps

By Christine Van Dusen

Atlanta, Sept. 20 - Korea Exchange Bank sold $300 million of 1¾% notes due Sept. 27, 2015 at 99.843 to yield 1.804%, or Treasuries plus 155 basis points, a market source said.

Barclays Capital, Commerzbank, KEB Asia and Standard Chartered were the bookrunners for the Regulation S deal.

Korea Exchange Bank is based in Seoul, South Korea.

Issuer:	Korea Exchange Bank
Amount:	$300 million
Maturity:	Sept. 27, 2015
Description:	Senior notes
Bookrunners:	Barclays Capital, Commerzbank, KEB Asia, Standard Chartered
Coupon:	1¾%
Price:	99.843
Yield:	1.804%
Spread:	Treasuries plus 155 bps
Trade date:	Sept. 20
Settlement date:	Sept. 27
Ratings:	Moody's: A2
Distribution:	Regulation S

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