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THE INVESTOR] Korea Gas, the state-run gas supplier, announced on July 12 that its US dollar-denominated bonds were sold out.
The company issued five-year bonds to raise US$ 500 million, and 10-year bonds to raise US$ 400 million.
The five-year bonds were rated 0.9 percentage points higher than the rate on 5-year US Treasuries, and the 10-year bonds were rated 0.9 percentage points higher than US Treasuries with same maturity.
By Choi He-suk (
cheesuk@heraldcorp.com)