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New bond issue: POSCO issued international bonds (USY70750BK21) with a 4% coupon for USD 500.0m maturing in 2023

July 26, 2018
July 25, 2018 POSCO issued international bonds (USY70750BK21) with a 4% for USD 500.0m maturing in 2023. Bonds were sold at a price of 99.481% with an initial yield of 4.15%. Bookrunner: Bank of America Merrill Lynch, BNP Paribas, HSBC, Standard Chartered Bank.
  • Status
    outstanding
  • Country of risk
    Republic of Korea
  • Redemption (put/call option)
    *** (***)
  • Amount
    500,000,000 USD
  • М/S&P/F
    — / — / —
Company — POSCO
  • Full name
    POSCO
  • Registration country
    Republic of Korea
  • Industry
    Ferrous metals