| Issuer: | Korea Railroad Corporation | ||||
| Rating of the bond: | A2 stable/ A stable (Moody's/ Standard and Poor's | ||||
| Format: | Reg S/ 144A | ||||
| Size: | $300 million | ||||
| Tenor: | Five years | ||||
| Yield: | 5.459% | ||||
| Price: | 99.637 | ||||
| Spread: | 160bp over mid-swaps, 237.7bp over Treasuries | ||||
| Coupon: | 5.375% semi-annual 30/360 | ||||
| Issue: | Senior unsecured fixed-rate notes | ||||
| Settlement date: | May 15 2008 | ||||
| Maturity date: | May 15 2015 | ||||
| Change of Control: | Redemption at par if Korea ceases to own at least 51% of capital stock | ||||
| Listed: | Singapore | ||||
| Investor-type split: | Fund Managers: 42% |
Banks: 12% |
Central banks: 19% |
Insurance companies: 16% |
Retail: 3% Other: 8% |
| Geographic split: | Europe/other: 21% |
Asia: 40% |
US: 39% |
||
| Number of investors: | 100 | ||||
| Final book: | $1.6 billion | ||||
| Bookrunners: | Citi, HSBC, Morgan Stanley | ||||
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