Korea Expressway starts off a busy week
The week got off to a busy start on Monday with investment-grade toll-road company Korea Expressway tapping the dollar market for $500 million and Lippo Karawaci increasing the size of its existing 7% 2019s with a $100 million tap.
Shortly after that, Indonesia state-owned utility company Perusahaan Listrik Negara PLN was in the market with a 30-year bond on Tuesday. The initial guidance was at 5.625%. Barclays and Citi are joint bookrunners.