KT&G terms light up the equity markets

Roadshows for a roughly $500 million deal will begin next Thursday via joint global co-ordinators Credit Suisse First Boston and UBS Warburg. The combined offering is scheduled to price on September 26, although the ratio between the size of the two issues will only be decided on the day of pricing subject to demand.

Representing the sale of a 20% government stake, the deal also marks the first instance of a combined convertible and equity monetization out of Asia....

To continue reading, please login or register for free

Click for more on: ktg | terms | light | equity | markets

Print Edition

FinanceAsia Print Edition