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Prospect News home > News index > List of issuers K > Headlines for KT Corp. > News item |
Fitch gives KT bonds A
Fitch Ratings said it assigned KT Corp.'s (A/stable) proposed Japanese yen bonds an expected rating of A.
KT will use the net proceeds to refinance existing debt.
“The bonds are rated at the same level as KT's senior unsecured rating as they represent direct, unconditional, unsecured and unsubordinated obligations,” the agency said in a news release.
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