Korea Finance Corp executes aggressively priced global bond

Korea Finance Corp (KoFC) pushed out an aggressively priced $500 million SEC-registered five-year bond early Wednesday, achieving the lowest spread for five-year paper from a Korean bank this year. The bonds priced at Treasuries plus 180bp, at the wide end of the Treasuries plus 175bp to 180bp final guidance, but 10bp inside initial guidance.