South Korea's LG Telecom to launch $200 million five-year bonds Thursday

By Paul A. Harris

St. Louis, June 16 - LG Telecom will kick off a roadshow Thursday in Boston for an offering of $200 million of five-year bonds (Ba2/BB+), according to a market source.

The roadshow will subsequently travel to Europe and Asia, with pricing expected on June 29.

Barclays Capital and Credit Suisse First Boston will run the books.

Proceeds will be used to refinance debt.

The company is a South Korean wireless telephone service provider.

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