Korea Southern Power taking indications of interest for five-year Kangaroo benchmark FRN
- Tuesday, 22 October 2019
Korea Southern Power (Aa2/AA-) began taking indications of interest for a new five-year Kangaroo benchmark floating-rate note (FRN) on 22 October. The deal is being marketed at 100-103 basis points area over three-month bank bills and is expected to launch in the near future. BNP Paribas, HSBC and Nomura are leading.
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