Investors plug into SK Telecom’s bond

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By Morgan Davis
10 Apr 2018

Korea’s SK Telecom Co (SKT) found exceptional demand for its dollar bond on Monday — the company’s first offshore deal in more than five years — allowing it to price with a single-digit premium.

SKT’s $500m deal followed weeks of market turmoil. Asian bond issuers faced a lot of geopolitical hurdles and volatility in March, forcing them to pay hefty premiums to get deals done, often at smaller sizes than they had wanted. But investor worries seem to have receded following the ...

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