POSCO Issues $700M Notes
Posted on April 08, 2011 at 14:35 PM EDT
Korean steelmaker POSCO (NYSE:PKX) recently issued senior unsecured notes worth $700 million, maturing April 14, 2021. The notes were issued in a private placement market at an issue price of $99.5930. The notes carry a coupon rate of 5.25% to be paid semi-annually by the company. Earlier in the fourth quarter of 2010, the company [...]
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