New Issue: South Korea's KT Corp. sells KRW 200 billion notes due 2013, 2018

By Susanna Moon

Chicago, Aug. 11 - KT Corp. said it issued KRW 100 billion of 6.49% notes due Aug. 6, 2013 and KRW 100 billion of 6.62% notes due Aug. 6, 2018.

Woori Investment and Securities Co. Ltd. is the underwriter.

Interest will be payable quarterly.

Settlement was Aug. 6.

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

Issuer:	KT Corp.
Issues:	Unsecured notes
Underwriter:	Woori Investment and Securities Co. Ltd.
Settlement date:	Aug. 6
Five-year notes
Amount:	KRW 100 billion
Maturity:	Aug. 6, 2013
Coupon:	6.49%, payable quarterly
Price:	Par
Yield:	6.49%
10-year notes
Amount:	KRW 100 billion
Maturity:	Aug. 6, 2018
Coupon:	6.62%, payable quarterly
Price:	Par
Yield:	6.62%

© 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.