knhc-raises-750-million-with-fiveyear-bond

KNHC raises $750 million with five-year bond

State-owned Korea National Housing Corporation is the latest, but not the last, Korean borrower to tap the US dollar market this year and achieves the lowest yield spread so far.

Rupert Walker

September 04, 2009

Korea National Housing Corporation (KNHC) yesterday joined the long list of Korean borrowers to tap the international capital markets this year, when it raised $750 million from a Reg-S five-year deal. It was the state-owned agency's first US dollar offering since late 2006.

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