LG Caltex mandates bond offering

The Korean oil refiner is believed to have mandated its first international bond offering since July 1997.
The kick-off meeting for a $300 million 10-year transaction is said to have taken place on Wednesday, despite the fact the company has continued to send out RFPs (request for proposals) to other banks.

Books for the euro-144a deal are said to have been awarded to Credit Suisse First Boston, with Deutsche Bank and Goldman Sachs winning slots as lead managers. All three banks refused to confirm or deny the rumours, although other market participants say the company has had a working shortlist for some time.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media