New Issue: Korea Gas prices €500 million 2 3/8% notes due 2019 at 99.702

By Christine Van Dusen

Atlanta, Oct. 8 - Korea Gas Corp. priced a €500 million issue of 2 3/8% notes due April 15, 2019 (expected ratings: A1/A+/AA-) at 99.702, a market source said.

Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs and UBS were the bookrunners for the Regulation S deal.

As of Tuesday morning the books were in excess of €2 billion.

Korea Gas is a public natural gas company incorporated by the Korean government.

Issuer:	Korea Gas Corp.
Amount:	€500 million
Maturity:	April 15, 2019
Description:	Notes
Bookrunners:	Barclays, BNP Paribas, Credit Agricole, Deutsche Bank, Goldman Sachs
Coupon:	2 3/8%
Price:	99.702
Trade date:	Oct. 8
Settlement date:	Oct. 15
Expected ratings:	Moody's: A1
	Standard & Poor's: A+
	Fitch: AA-
Distribution:	Regulation S

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