Korean government pre-markets Cho Hung GDR

The Korea Deposit Insurance Corporation (KDIC) began pre-marketing a roughly $500 million GDR offering on Monday.

Formal roadshows are likely to start around Monday June 3 after two weeks of pre-marketing under the joint lead of Credit Suisse First Boston, UBS Warburg, LG and Samsung Securities. Co-leads are ABN AMRO, Daewoo Securities and JPMorgan.

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