KNOC

Meanwhile Vietinbank, China Resources Gas and Zoomlion line up.

Hong Kong retailer Lifestyle International strikes with its tap ahead of a crucial Greek debt swap deadline and succeeds in re-pricing its secondary bonds.

Almost 18 months after its $1 billion debut in the global debt markets, Korea National Oil returns with a $700 million five-year bond.

The Korean state-owned oil company acquires a 64.26% stake in Dana Petroleum following a hostile bid and amid expectations of further overseas acquisitions by Korean firms.

By buying the Canadian energy company, state-owned KNOC makes a small step towards increasing Korea's self-sufficiency within oil and gas.

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.

The five-year issue by the state-owned oil company comes at the tightest spread for a quasi-sovereign so far this year, and leads to a narrowing of the Korean credit curve.

Korea's state-owned gas company impresses investors with its scarcity value and triggers a surge of support for other Korean credits too.

Export-Import Bank of Korea's latest dollar bond deal is 4.7 times subscribed as other Korean borrowers plan to launch yet more issues.