GC
KoRail travels to Switzerland for bond deal
Korea Railroad Corp turned west on Monday, marketing a six year bond to Swiss investors.
The transaction, which was sole-led by UBS, raised Sfr150m ($148.8m). The bonds were sold at par as a zero coupon note.
The company has two outstanding deals in the currency, one of which will be maturing in December. Last July, the company sold a Sfr100m 0.2% 2023 bond.
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