Korea National Oil prices as Asian credit slides

Korean quasi sovereign oil group completes dollar bond in seesawing markets, while HSBC and Bank of China HK ready the first panda bonds by financial institutions.
Credit slides as markets turn on their head
Credit slides as markets turn on their head

Korea National Oil Corporation (Koroil) completed its first dollar bond of 2015 on Tuesday, raising $600 million from a 10-year 144a deal that was timed to take advantage of Korea's recent sovereign upgrade.

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