Korea Expressway taking indications of interest for dual-tranche three-year Kangaroo

On 25 August, Korea Expressway Corporation (AA/Aa2) began taking indications of interest for a potential new three-year Kangaroo transaction, offered in either or both fixed and floating-rate note formats. The deal is being marketed at 80-85 basis points area over swap benchmarks. HSBC, Mizuho Securities and Standard Chartered are leading.