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Published on 3/6/2008 in the Prospect News Emerging Markets Daily.

New Issue: Korea's KT Corp. prices 100 billion won five-year notes at par to yield 5.41%

By Aaron Hochman-Zimmerman

New York, March 6 - KT Corp. priced 100 billion won of five-year unsecured notes at par with a coupon of 5.41%, according to a press release.

Daewoo Securities acted as the bookrunner for the deal.

The deal priced on Feb. 28.

KT Corp. is a Seongnam, Korea-based telecommunications provider.

Issuer:KT Corp.
Amount:100 billion won
Issue:Five-year unsecured notes
Maturity:Feb. 28, 2013
Coupon:5.41%
Price:Par
Yield:5.41%
Bookrunner:Daewoo Securities
Pricing date:Feb. 28

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