pricing-terms-korea-railroad-corporation

Pricing terms: Korea Railroad Corporation

Korail priced last night a $300 million bond. Please find pricing terms below. Commentary to follow tomorrow.

 

...
Issuer Korea Railroad Corporation
Rating of the bond A2 stable A stable Moody's Standard and Poor's
Format Reg S 144A
Size $300 million
Tenor Five years
Yield 5.459%
Price 99.637
Spread 160bp over mid-swaps, 237.7bp over Treasuries
Coupon
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