South Korea’s SK Telecom has priced a SFr300m (US$321m) bond due to mature in June 2017, according to a Reuters report.
The facility carries a coupon of 1.75%. The lead managers were Credit Suisse, BNP Paribas and Barclays.
Moody’s gave an…
South Korea’s SK Telecom has priced a SFr300m (US$321m) bond due to mature in June 2017, according to a Reuters report.
The facility carries a coupon of 1.75%. The lead managers were Credit Suisse, BNP Paribas and Barclays.
Moody’s gave an ‘A3’rating to the transaction, Standard & Poor’s an ‘A-’, and Fitch an ‘A-’
A few days ago, it was reported that SK Telecom has also sealed a W2.5trn (US$2.17bn) two-tranche loan to finance its purchase of a 21.05% stake in Hynix Semiconductor last year.
SK Telecom did not immediately respond to requests for comment.
