GS E&C opts for domestic CB refinancing

South Korean engineering and construction company returns to the domestic convertible bond market as Asian dollar-denominated issuance shrivels up.

GS Engineering & Construction, commonly known as GS E&C, has opted to refinance a dollar-denominated convertible in the domestic bond market where it can achieve a cheaper cost of funds than the international market.

¬ Haymarket Media Limited. All rights reserved.

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