Sun Sage sets bond price guidance -source

Newswire

HONG KONG, March 18 (Reuters) - Sun Sage, the holding company of South Korean auto parts supplier Mando Corp, is expected to sell its planned US$200 million, five-year bond at a yield of 8.0 to 8.25 percent, a market source said on Thursday. Pricing of the deal, which is rated B-plus/Ba2, is expected later this week or early next week, the source said. Sun Sage is incorporated in the Netherlands. Deutsche Bank, JPMorgan and Lehman Brothers are the lead managers for the proposed bond sale.

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