Published on 9/4/2019 in the Prospect News Emerging Markets Daily.
New Issue: Korean Air Lines sells $300 million 2% senior notes due 2022
By Marisa Wong
Los Angeles, Sept. 4 – Korean Air Lines Co., Ltd. issued $300 million of 2% guaranteed senior notes due 2022, according to a notice.
Credit Suisse (Hong Kong) Ltd., Korea Development Bank and UBS AG Hong Kong Branch are the bookrunners.
The airline is based in Seoul, South Korea.
Issuer: | Korean Air Lines Co., Ltd.
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Issue: | Guaranteed senior notes
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Amount: | $300 million
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Maturity: | 2022
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Bookrunners: | Credit Suisse (Hong Kong) Ltd., Korea Development Bank and UBS AG Hong Kong Branch
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Coupon: | 2%
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Issue date: | Sept. 4
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