By Mary-Katherine Stinson
Lexington, Ky., April 9 – Korea Mine Rehabilitation and Mineral Resources Corp. (Komir) issued $400 million of 5 1/8% notes due May 8, 2029 at 99.238, according to a pricing supplement.
The notes were sold under Korea Mine’s $5 billion global medium term note program.
The Regulation S notes are non-callable.
BNP Paribas Securities Corp., Citigroup Global Markets Inc. and HSBC Corp. Ltd. are the bookrunners.
Korea Mine operates as a mine rehabilitation and mining industry agency based in Wonju-si, Korea.
| Issuer: | Korea Mine Rehabilitation and Mineral Resources Corp.
|
| Amount: | $400 million
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| Issue: | Notes, series 12, tranche 1
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| Maturity: | May 8, 2029
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| Bookrunners: | BNP Paribas Securities Corp., Citigroup Global Markets Inc. and HSBC Corp. Ltd.
|
| Trustee: | Citibank, NA London Branch
|
| Counsel to issuer: | Yulchon
|
| Counsel to bookrunners: | Cleary Gottlieb Steen & Hamilton LLP
|
| Coupon: | 5 1/8%
|
| Price: | 99.238
|
| Pricing date: | March 26
|
| Settlement date: | April 8
|
| Listing date: | April 9
|
| Distribution: | Regulation S
|
| ISIN: | XS2790212828
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