New Issue: Korea Railroad prices CHF 300 million 1% notes due 2018 at mid-swaps plus 55 bps

By Christine Van Dusen

Atlanta, Oct. 18 - Korea Railroad Corp. sold CHF 300 million 1% six-year notes (A1/A+/) at 100.578 to yield mid-swaps plus 55 basis points, a market source said.

RBS and UBS were the bookrunners for the deal.

Issuer:	Korea Railroad Corp.
Amount:	CHF 300 million
Maturity:	Nov. 16, 2018
Description:	Notes
Bookrunners:	RBS, UBS
Coupon:	1%
Price:	100.578
Spread:	Mid-swaps plus 55 bps
Trade date:	Oct. 18
Settlement date:	Nov. 16
Ratings:	Moody's: A1
	Standard & Poor's: A+

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.