KOGAS raises US$400 mln via debt sales
Seoul - Yonhap
South Korea's state-run Korea Gas Corp. said Tuesday it has raised US$400 million by selling debts overseas in a bid to finance its overseas resource developments. The bonds will mature in four years with a fixed interest rate of 2.55 percent, or 1.59 percentage points above the yield of the corresponding U.S. Treasuries, according to KOGAS.
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