By Rebecca Melvin
Concord, N.H., April 20 – Korea Mine Rehabilitation and Mineral Resources Corp. (Komir) issued on Wednesday $425 million 4 1/8% five-year notes (A), according to a listing notice.
Komir plans to use the proceeds for general corporate purposes, including to repay maturing debt, according to S&P Global Ratings in a news release.
The notes will be listed on the Singapore exchange beginning April 21.
The public mining agency is based in South Korea.
| Issuer: | Korea Mine Rehabilitation and Mineral Resources Corp.
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| Amount: | $425 million
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| Issue: | Notes
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| Maturity: | April 20, 2027
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| Coupon: | 4 1/8%
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| Issue date: | April 20
|
| Listing date: | April 21
|
| Rating: | S&P: A
|
| Distribution: | Regulation S
|
| ISIN: | XS2457676257
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