KAL lands safely with 3x covered dollar perp
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KAL lands safely with 3x covered dollar perp

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Korean Air Lines Co has sealed its first dollar note on a standalone basis, and the first high yield bond from the country since 2013, following a pulled deal last September. The $300m transaction was also a coup for BOC International, which became the first Chinese firm to act as the sole lead on a Korean offering.

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