New Issue: Korea's KT Corp. sells $200 million five-year notes at Treasuries plus 72 bps

By Reshmi Basu

New York, April 3 - KT Corp. sold $200 million five-year notes (A3/A-) at 99.374 to yield Treasuries plus 72 basis points, according to a market source.

Citigroup and Goldman Sachs were the lead managers for the Regulation S offering.

KT Corp., based in Sungam, Korea, is a fixed-line and internet service provider.

Issuer:	KT Corp.
Amount:	$200 million
Issue:	Notes
Maturity:	April 11, 2012
Coupon:	5 1/8%
Issue price:	99.374
Yield:	Treasuries plus 72 basis points
Lead managers:	Citigroup, Goldman Sachs
Pricing date:	April 3
Settlement date:	April 11
Ratings:	Moody's: A3
	Standard & Poor's: A-
Distribution:	Regulation S

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