Overflowing demand for Korea Water

Another momentum trade from Korea as Kowaco makes its international bond market debut.
November 04, 2004

Korea Water Resources Corporation (Kowaco) completed its debut international bond yesterday (November 4) with a $150 million deal via Citigroup and UBS. Like most of its immediate predecessors, the 10-year deal generated a huge order book of $1.5 billion and was priced ahead of schedule.

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