Korea Gas brings Korean corporates back to euro bonds
Korea Gas Corp today sold the first benchmark bond in euros from a South Korean company since 2006. The €500m issue is part of a wave of deals from Asian borrowers taking advantage of attractive funding conditions in euros.
Korea’s leading state-owned banks and companies are regular issuers in dollars and in the Swiss franc market, as well as the Korean domestic market, but have shunned euros for a long time.“Why are they coming to euros now?” said a banker at one of KoGas’s leads, Barclays, ...
Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: firstname.lastname@example.org