LG Caltex finds US audience for bond

The Korean oil refiner has bucked the recent trend of Asian bond deals and underpinned its latest 10-year offering with US-driven demand.
July 18, 2001

A $300 million euro-144a issue priced last night (Wednesday) in New York, represents LG Caltex's first fixed-rate bond issue since the Asian financial crisis and the first corporate Korean transaction to move out to the 10-year level since then, too.

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