KoGas prices debut three-year Kangaroo [UPDATED]
- Wednesday, 19 September 2012
Korea Gas Corporation (KoGas) (A+/A1/A+) has priced a A$300 million (US$313.1 million) three-year bond at 155 basis points over the semi-quarterly swap rate - 10 basis points tighter than indicated at the launch. The transaction, which priced on September 20 2012, is the second corporate Kangaroo to issue since 2006 following a five-year deal by BP Capital on August 29 for A$500 million (US$521.9 million).
