Shinsegae sets final guidance on $200 mln 3-yr bonds

HONG KONG, June 20 (Reuters) - South Korean retailer Shinsegae Co (004170.KS) will sell about $200 million in three-year bonds at 210 basis points over midswaps, a source with direct knowledge of the transaction said on Friday.

Shinsegae's final guidance is tigther than the initial indication of around 220 basis points over midswaps the retailer had provided on Wednesday.

Deutsche Bank (DBKGn.DE) and UBS (UBSN.VX) are the lead managers for the bond sale.

The proposed debt is rated A-minus by Standard & Poor's and A3 by Moody's, both six notches below the top investment grade. (Reporting by Rafael Nam; Editing by Anne Marie Roantree)