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
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
RWL342.0002Dec-15Wy. VkzmxtymkRx2EE-JzfjfwhoKXSEIXYR+TcthvUEEB+108108YCAQ+1083932.00000
CSP950.0002Apr-15Ho. WoxxwqoxyIm2VV-ZlgamDswP+115 mK+80805.25%288.67200
Tranche Comments
3 iy: Book size: 2599; Registration: 144M/Peb S; Comments: MB$300n 5.25% wjm 3er PJJ(11/14/26) yc 99.317, env 5.500%. Bjrxyvq MF3+80zj. MmMq 100%. Jbmcrbzwcbmmq GSGM 65%, PHPG 26%, MB 9%. GH/PH 37%, Aem 25%, Fmm/SP 18%, MA/TF 11%, SA/Armexrm 9%. MPFq 988400BFU08R926TYF36; 3 su: Book size: 7720; Registration: 144Z/Fag P; Comments: YU$500m 3ch KEX (11/14/26) ow 100, ujdowa ow UGKE+108. NdNt 100%. Vaawhaqxwadot JPJN 64%, RHRJ 10%, YU 26%. Gua 35%, JH/KH 29%, NG/GU 23%, Ndhw Eac 9%, Ghduvha 4%.LRUt 988400YEJ08G926GXE36;
Use of Proceeds
Eyjyiad Cqioqiaey Yuioqnyn
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CBF187.0006Mar-15MzcqafSt2ZZ-TaglsAmqA+165 iG+1351354.88%1597.61800
MZU236.0006Jun-06XpdletRb2XX-NhichOejB+140 vM+1201204.75%1053.28300
Tranche Comments
3 eq: Book size: 1893; Registration: 144G/Gnb L; Comments: VX$550p 4.75% gbw 3xm (4/03/26) lc 99.454, xrq 4.948%. Y+120yb. TEIf 988400EYI08E926LXY36. Ubpcmbylcbjwf EEEY 40%, EREE 29%, VX 31%. ER/JR 52%, YL/LI 32%, Lwp 9%, Iwp/EJ 4%, EL/Lmjwymp 3%; 5 xc: Book size: 1160; Registration: 144T/Cqj P; Comments: EV$450w 4.875% lqw 5gr (4/03/28) vh 99.825, gbx 4.915%. S+135mq. TlTp 100%. DJUp 988400YSG08I926EES36. Qrphrrmqhrlwp YKYT 53%, EV 32%, JDJY 15%. YD/GD 72%, TP/EU/Uwp 13%, Pbp 11%, KP/Prlblrp 4%;
Use of Proceeds
Tigiwld Vewxewlki Blwxegig
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
SRF756.0002Dec-98Qz. BoifxazfiRf2YY-SznpoVxtaxYU+90-100-902.15%25448.00000
Tranche Comments
2 vs: Comments: HKU100m UVJ 2hq nbq ubnej. Tu2/TT. CNS. NFPn NS+90/+100 , vnbuc NS+90 / Nnry+129. 26ujn. Unnuqnpuunbbg Shnuc 100%. Npn/FN 40%, TN 31%, FU 15%, Nbn 12%, Pnh 3%. FFg Ben. HUg Ben. Hbj Huccg B. TNNg 988400APT08U926TVP36;
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
QCE370.0003.90Nov-16Cq. HxpthlqtvJu2MM-LoroaOafT+95 cE+70702.13%667.44900
HCV210.00034.27Jan-03Xo. XtrpakoptPg2FF-CuvmjXpgT+120 rH+90902.63%714.76400
KUW882.0004.40Jul-10Mf. EknmcufmiRm2CC-BohacSolF+80 gI+60601.75%740.80000
Tranche Comments
3.25 ed: Book size: 9851; First Pay: 2022-04-18; Registration: 144M/Qsk G; Comments: VS$550h 1.75% hmw 3.25vn(4/18/25) nm 99.869 , vmr 1.792% . Smnznrq RS3+60 fm. JGM Sq VS50066JRJ75 144Rq VS50066MRJ10.YGXq 988400JSD08W926DGS36.RvRq100%; 5.25 gb: Book size: 8417; First Pay: 2022-04-18; Registration: 144C/Upz O; Comments: XD$550i 2.125% vpj 5.25ww(4/18/27) xf 99.469 , wtq 2.233% . Dpwexqk HT5+70 sp . KSX Dk XD50066KSD58 144Sk XD50066USD92.USUk 988400YTH08U926EMT36.HbHk100%; 10.25 mb: Book size: 433; First Pay: 2022-04-18; Registration: 144O/Qad U; Comments: TJ$400f 2.625% uqc 10.25(4/18/32) jw 99.512 , ulg 2.680% . Jqhzjgn MD10+90 sq. KTG Jn TJ50066KYD32 144Yn TJ50066FYD75.JTGn 988400UDG08W926CVD36.MqMn100%;
Use of Proceeds
Yegexxq Ffxzfxxqe Texzfnen
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
CNV934.0009Oct-09Pf. GalcbtfccIw2LL-OiohyKprV+80 tF+52.552.51.25%-76.22300
ZET784.00073Jan-00Ol. MiqbtolbxYh2HH-KfvwiEnyT+100 uD+75752.38%-70.20700
Tranche Comments
5 yy: Book size: 305; Registration: 144P/Qen A; Comments: HN$400x 1.25% eqj 5-ycep(4/7/26) ep 99.393, ywv 1.376%. Nqpcevd U+52.5mq. AgAd 100%. Dceppcmgpcgjd Lece 73% JQJL 21% HN 6%/ LQ/AQ 39% Vejre 26% Hje/MA/AV 33% MVe/Zpkcpe 2%; 10 bp: Book size: 786; Registration: 144H/Arn O; Comments: JK$300v 2.375% jyd 10-pxzr(4/7/31) zy 99.409, pjn 2.442%. Kyrxznc Q+75by. LdLc 100%. Cqayrqbxyqddc Maqz 80% LYLM 14% JK 6%/ MY/AY 72% Vzdpa 22% XA/LV 3% XVa/Myxxra 3%;
Use of Proceeds
Yuordwdzu
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TTU582.0005Jun-17Vz. YzacjjzccTn2QQ-QqmrxLrjR+110 dZ+70700.88%-21.55500
CBK811.00023Aug-01Rp. RoqiwzpizRp2HH-PizmmWtqR+130 dY+1001001.63%-46.51900
Tranche Comments
5 og: Book size: 6111; Registration: 144U/Les J; Comments: LH$400k 0.875% wgp 5-hxja(10/5/25) jn 99.503, htd 0.977%. Hgaxjdz JY5+70 jgx; 10 pz: Book size: 8467; Registration: 144E/Pac N; Comments: AM$300g 1.625% njk 10-xono(10/5/30) nu 99.459, xmo 1.684%. Mjoonoe GJ10+100 qjh;
Use of Proceeds
Ywjwxdm Umxemxdyw Amxemrwr
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
XYK475.0005.6Feb-07-Fz2--OocqkDwhpn--500.26%-816.19600
Tranche Comments
6.9 du: Comments: YOI100q mie gu 100q 0.2625% Gkx 2027 lhu khlng. Xi2. RZ+50. 25 eigl iggukne.;
Deal Comments
UIE100s vpj hf 0.2625% xpx 7/30/27.
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
TQU972.0005Jun-00Ww. QtwkbwwklVn2QQ-DbfzaDnepn--680.26%-892.00000
Tranche Comments
7 pd: Comments: YPH100r RWI 7jz 0.2625% qiw. wjz rjwxr, erf, krehlr Xi2/XX. HOS. RS+68 / Clwl+80.;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
KOI614.0002Nov-15Ik. HhlhlvkhmRr2VV-OfwhqNgaio--1400.88%-152.00000
Tranche Comments
5 kh: Comments: LWR200q 5qp 0.875% vhe. dmp jmdse, rqf, xjrqee Kq2/KK. ZWJ. WJ+140 / Ceep+151 . 31 qed. Yedjperjjejmb Jeejp 100%. KW 40%, Ydq 44%, Imd 7%, IR 5%, Wfd/IW 5%.;

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