Suhyup Bank moves closer to bond sale, announces guidance
Suhyup Bank, part of Korea’s National Federation of Fisheries Cooperatives, is planning to sell bonds worth $300m-$500m on Tuesday after releasing price guidance for the deal on Monday.
BNP Paribas, Samsung Securities, Standard Chartered and UBS have set guidance for the five year deal at 425bp-450bp over Treasuries, firmed up from earlier whispers of the “mid 400s”.
Investors and analysts said this was an attractive spread for a bond which comes with a letter of support from ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
