By Christine Van Dusen
Atlanta, Sept. 24 - Korea Gas Corp. priced a CHF 100 million add-on to its existing CHF 200 million 2¼% notes due Oct. 6, 2015 at 100.328 to yield mid-swaps plus 106 basis points, a market source said.
The original notes priced at 100.287 to yield mid-swaps plus 108 bps on Sept. 9.
UBS was the bookrunner for the original transaction.
Korea Gas is a state-owned natural gas company based in South Korea.
| Issuer: | Korea Gas Corp.
|
| Issue: | Notes
|
| Amount: | CHF 100 million
|
| Maturity: | Oct. 6, 2015
|
| Coupon: | 2¼%
|
| Price: | 100.328
|
| Spread: | Mid-swaps plus 106 bps
|
| Trade date: | Sept. 23
|
| Rating: | Moody's: A1
|
| Standard & Poor's: A
|
| Total issue size: | CHF 300 million
|
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