SK Corp mandates SK Telecom exchangeable

The Korean oil refiner hopes to raise up to $2 billion in what will mark the largest ever equity-linked offering to emerge from the Republic of Korea.

Having sent out a 24 hour Request For Proposals (RFP) two weeks ago, Credit Suisse First Boston and Goldman Sachs have emerged as the winners of a transaction which will easily surpass the existing record held by KDIC/Kepco's $1.001 billion exchangeable.

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