Bloomberg News

Busan Bank Said to Market Bond With Spread of 355 Basis Points

February 02, 2012

Feb. 2 (Bloomberg) -- Busan Bank is marketing its five-year dollar bond to yield 355 basis points more than similar-maturity Treasuries, a person familiar with the matter said.

The lender hired Citigroup Inc., Credit Agricole SA and UBS AG to manage the sale, according to the person, who asked not to be identified as the details are private.

To contact the reporter on this story: Rachel Evans in Hong Kong at revans43@bloomberg.net

To contact the editor responsible for this story: Andrew Monahan at amonahan@bloomberg.net


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