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  • Korea Gas dollar bonds sell out
    Korea Gas dollar bonds sell out
    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. B...
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Korea Gas dollar bonds sell out

July 13, 2016 - 13:21 By Korea Herald
[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)
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