KNOC Hires 6 Banks To Market Benchmark-Sized USD Bond -Source
June 09 2009 - 3:15AM
Dow Jones News
State-run Korea National Oil Corp., or KNOC, recently hired six
banks to embark on a U.S. dollar-denominated bond sale, a person
familiar with the deal said Tuesday.
The firm selected Merrill Lynch, J.P. Morgan Chase, BNP Paribas,
Barclays, Deutsche Bank and Korea Development Bank as lead managers
for the senior unsecured bond sale, the person said.
While the maturity of the paper has yet to be decided, the issue
will likely be at least benchmark in size, another person familiar
with the deal said Monday.
-By Kanga Kong, Dow Jones Newswires; 822-2198-2230;
kanga.kong@dowjones.com