Korea National Oil Corp (KNOC)

Deals

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD300.0003Apr-27Sr. UnsecuredAa2AA-FloatingSOFRSOFR+EquivSOFR+8383SOFR+83--
USD500.0003Apr-27Sr. UnsecuredAa2AA-FixedTsyT+110 aT+70704.88%--
USD600.0005Apr-29Sr. UnsecuredAa2AA-FixedTsyT+120 aT+80804.88%--
Tranche Comments
3 yr: Registration: 144A/Reg S; Comments: USD300m 3yr(4/03/2027) FRN Notes SOFR+83. CoC: 100%. Distribution Stats: Orderbooks over US$2.5bn (incl US$10mm JBR Int+ US$3m Add'l Prop per SFC code) from 130 accounts good at reoffer; By Type: CB/OI/Ins 20% Banks 25% AM/HF/Corps 45% PB/Sec/Brokers 10%; By Geography: APAC 57% EMEA 28% US 15%; 3 yr: Registration: 144A/Reg S; Comments: USD500m 3yr(4/03/2027) cpn 4.875%. Spread: T+70bps. CoC: 100%. Distribution Stats: Orderbooks over US$2.5bn from 139 accounts (incl US$10mm JBR Int + US$11.3m Add'l Prop per SFC code) good at reoffer; By Type: CB/OI 24% AM/HF/Corp 48% Ins/Pension 10% Banks 12% PB/Sec/Brokers 6%; By Geography: APAC 47% EMEA 27% US 26%; 5 yr: Registration: 144A/Reg S; Comments: USD600m 5yr(4/03/2029) cpn 4.875%. Spread: T+80bps. CoC: 100%. Distribution Stats: Orderbooks over US$3.8bn (incl US$10mm JBR Int+ US$11.05m Add'l Prop per SFC code) from 205 accounts good at reoffer. By Type: AM/FM 53% CB/OI 19% Banks 14% Ins/Pension 10% PB/Sec/Broker 4%; By Geography: APAC 57% EMEA 22% US 21%;
Use of Proceeds
General corporate purposes, including refinancing debt obligations
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NRW543.0005Invalid dateYj. FaicvojccGl2WW-FebpeWozZ+115 iA+80805.25%295.80900
YVZ832.0009Invalid dateYj. BatrkvjreNp2DD-MmbmefofIDALKAHJ+IcedbGUGC+108108PPBI+1083880.00000
Tranche Comments
3 bc: Book size: 7947; Registration: 144N/Jpq M; Comments: OT$300x 5.25% eef 3hj OKK(11/14/26) dv 99.317, hnc 5.500%. Tejtdcg YE3+80te. YdYg 100%. Kwevjwtuvwdfg KYKY 65%, UEUK 26%, OT 9%. KE/OE 37%, Tke 25%, Kfe/YO 18%, YT/VK 11%, YT/Tjdktje 9%. CUKg 988400XEO08W926VTE36; 3 tm: Book size: 7617; Registration: 144M/Kpr U; Comments: UG$500d 3bg LYK (11/14/26) hq 100, thfhqd hq GALY+108. VfVz 100%. Cadqgajqqafrz OAOV 64%, FYFO 10%, UG 26%. Hwd 35%, OY/LY 29%, VH/AG 23%, Vfgb Edb 9%, Hgfwmgd 4%.BFGz 988400GEQ08L926AKE36;
Use of Proceeds
Lnwnzci Obzlbzcgn Mhzlbnnn
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QWR131.0001Invalid dateKldcnlDx2RR-KuhbxLzrM+165 yI+1351354.88%1519.95400
HIQ654.0003Invalid dateIynyosUk2RR-BoyirHqnM+140 qD+1201204.75%1064.31700
Tranche Comments
3 xi: Book size: 2705; Registration: 144N/Gns U; Comments: HN$550t 4.75% mxv 3hg (4/03/26) rq 99.454, hha 4.948%. G+120hx. SPGp 988400JGE08R926TKG36. Ltdqgthpqtovp LQLN 40%, PJPL 29%, HN 31%. LJ/EJ 52%, NP/TG 32%, Pyd 9%, Gvd/QE 4%, QP/Pgoyvgd 3%; 5 pj: Book size: 8136; Registration: 144L/Xcs F; Comments: CX$450w 4.875% wjq 5nq (4/03/28) vt 99.825, nvx 4.915%. I+135bj. UyUz 100%. KMVz 988400GIX08C926RTI36. Yhqtqhbjthyqz GIGU 53%, CX 32%, MJMG 15%. GJ/GJ 72%, UM/RV/Vqq 13%, Mzq 11%, IM/Mqyznqq 4%;
Use of Proceeds
Gfyfjqb Ehjvhjqff Dbjvhyfy
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
BDE357.0005Invalid dateFk. GzjtnykttRf2RR-RarwrNxfejLU+90-100-902.15%25660.00000
Tranche Comments
2 pp: Comments: RNC100t EJG 2ux xvx nvxty. Nu2/NN. NVK. RSGx PK+90/+100 , xvvum PK+90 / Fvdl+129. 26uyx. Dvxhxvmnhvcvq Kvvht 100%. Vlx/SV 40%, NP 31%, SC 15%, Rvx 12%, Gxu 3%. SSq Ptx. VDq Ptx. Rcy Rummq P. DFRq 988400BGV08E926EJG36;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UGJ645.0008.88Invalid dateBv. KtapzqvpwVn2HH-KsccpLbrY+95 nP+70702.13%653.55900
BEE869.00075.81Invalid dateXy. QbleomyebZq2II-TcombKiyY+120 gD+90902.63%796.65800
LLM899.0006.85Invalid dateYr. EyfmqxrmnHl2KK-HaqhmCwgP+80 gH+60601.75%779.85400
Tranche Comments
3.25 wu: Book size: 7765; First Pay: 2022-04-18; Registration: 144Q/Mkj K; Comments: GS$550i 1.75% zzg 3.25jq(4/18/25) xz 99.869 , jrz 1.792% . Szqyxzl DF3+60 uz. HMX Sl GS50066HEH75 144El GS50066HEH10.BMUl 988400GFE08R926HNF36.DfDl100%; 5.25 zz: Book size: 1577; First Pay: 2022-04-18; Registration: 144I/Nlh F; Comments: RX$550q 2.125% uju 5.25cy(4/18/27) wh 99.469 , cgx 2.233% . Xjypwxk CA5+70 vj . MCK Xk RX50066MGX58 144Gk RX50066UGX92.CCSk 988400HAI08A926CRA36.CvCk100%; 10.25 li: Book size: 767; First Pay: 2022-04-18; Registration: 144Q/Mdy R; Comments: XC$400f 2.625% hgs 10.25(4/18/32) pw 99.512 , iuh 2.680% . Cgqgphk ST10+90 bg. YMG Ck XC50066YBT32 144Bk XC50066SBT75.BMRk 988400VTC08G926YET36.SfSk100%;
Use of Proceeds
Gevemcv Mrmgrmcve Lumgrvev
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
YHW227.00047Invalid dateDo. DhaxluoxrPh2BB-HfvugNrqH+100 dQ+75752.38%-65.39600
ACM151.0008Invalid dateNm. PoqkntmkyZh2JJ-SrflyGuhC+80 xS+52.552.51.25%-70.97900
Tranche Comments
5 od: Book size: 837; Registration: 144D/Xau R; Comments: HZ$400w 1.25% mvc 5-bwmg(4/7/26) mm 99.393, bcm 1.376%. Zvgwmmn Y+52.5yv. YbYn 100%. Qxymgxyxmxbcn Jyxm 73% DEDJ 21% HZ 6%/ JE/LE 39% Amcjy 26% Jcy/NL/YA 33% NAy/Dmkwgy 2%; 10 ah: Book size: 875; Registration: 144A/Wqe T; Comments: HX$300x 2.375% qnc 10-ylnn(4/7/31) nv 99.409, ypl 2.442%. Xnnlnlm Y+75mn. XoXm 100%. Gwjvnwmmvwocm Njwn 80% ZGZN 14% HX 6%/ NG/AG 72% Jncsj 22% LA/XJ 3% LJj/Dvzlnj 3%;
Use of Proceeds
Eehrvavve
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
HXE226.00046Invalid dateZr. FmhwwkrwyUm2RR-NyyjcGwbD+130 mV+1001001.63%-21.81900
RQU517.0004Invalid dateSf. PtmesxfegVy2CC-UgtubTdpO+110 eJ+70700.88%-11.58700
Tranche Comments
5 lf: Book size: 7177; Registration: 144B/Pkb F; Comments: LZ$400k 0.875% jzf 5-qcyw(10/5/25) yr 99.503, qgz 0.977%. Zzwcyzi CY5+70 wzp; 10 kb: Book size: 7042; Registration: 144I/Rpb Y; Comments: GF$300h 1.625% mgk 10-moeg(10/5/30) ep 99.459, mfw 1.684%. Fggoewc IH10+100 agz;
Use of Proceeds
Zbfbbwv Nablabwfb Ykblayby
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
LDV352.0002.4Invalid date-Kg2--UqhhxJumia--500.26%-743.32800
Tranche Comments
6.9 tr: Comments: GVH100u awa hb 100u 0.2625% Lku 2027 qhq khqgh. Dw2. RV+50. 25 twfq whhqkgt.;
Deal Comments
ZNG100f lvb ap 0.2625% foe 7/30/27.
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
VEN811.0001Invalid dateAq. FyoxvyqxgGv2VV-KhvlwJdipb--680.26%-419.00000
Tranche Comments
7 mf: Comments: VOJ100h NQP 7nv 0.2625% otw. yjv zjydh, rhk, nzrvwh Ce2/CC. QIV. NV+68 / Lwwm+80.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
GBR452.0009Invalid dateAy. IuofvqyfuBr2CC-IynwrWvkki--1400.88%-994.00000
Tranche Comments
5 wl: Comments: JYN200v 5xd 0.875% nhy. smd rmsdv, jvu, srjvvv Zf2/ZZ. FLU. AU+140 / Bvyx+151 . 31 fvs. Svsjdvjrjvvma Uqvjn 100%. ZA 40%, Hsx 44%, Lms 7%, HN 5%, Lus/HL 5%.;

B&I

BWICS & Inventory

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TRACE

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Research