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Prospect News home > News index > List of issuers L > Headlines for LG-Caltex Oil Corp. > News item
Published on 7/22/2004 in the Prospect News Emerging Markets Daily.

Korea's LG Caltex Oil shelves $300 million 10-year bonds

By Reshmi Basu and Paul A. Harris

New York, July 22 - LG Caltex Oil's planned offering of $300 million 10-year bonds (Baa2/BBB) has been delayed until further notice, according to a market source.

The Korean petroleum refining company has been in the middle of a labor dispute, which shut down its refinery Wednesday.

Deutsche Bank, Banc of America and Citigroup were running the Rule 144A/Regulation S deal.


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