NACF to harvest dollar bonds

Korea''s National Agricultural Co-operative Federation (NACF) mandates ABN Amro and Merrill Lynch for an inaugural bond deal.

Adding to a growing pipeline of prospective deals due from Korea over the next month, NACF is said to be preparing a $300 million issue. The company's ratings advisor, ABN Amro and Merrill Lynch have been given the books for the five-year deal, which is expected to launch in late June.

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