Korea Gas quenches dollar thirst with juicy spreads
Korea Gas Corporation hit all the right spots to lure cautious debt investors into its $500m five year deal, which helped the leads amass the largest order book for a South Korean issuer this year.
The state-owned issuer sold the Reg S/144A deal on July 22, satisfying investor cravings for high quality names in five year tenors. Investors have been buying five year names in secondary trading in the past few weeks, according to banker on the deal.
Korea Gas announced initial price
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