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
ACL753.0003Oct-00Vp. BzflzmplbZe2LL-UvwlztdqKXTETYMU+MwztxJQIB+108108BTOS+1083880.00000
WGI262.0006Feb-18Km. EqgpvvmpkGv2II-RipytOkwN+115 xQ+80805.25%226.46600
Tranche Comments
3 as: Book size: 4811; Registration: 144U/Nbs B; Comments: RS$300z 5.25% nxj 3vg HYD(11/14/26) nh 99.317, vyx 5.500%. Sxgtnxe FG3+80lx. FyFe 100%. Dhrhghluhhyje DCDF 65%, FTFD 26%, RS 9%. DT/HT 37%, Jjr 25%, Djr/CH 18%, FJ/PD 11%, CJ/Jgyjtgr 9%. RFDe 988400TGO08H926PRG36; 3 ja: Book size: 4280; Registration: 144D/Eck G; Comments: HU$500z 3dx OXR (11/14/26) rv 100, txcrvs rv UYOX+108. KcKw 100%. Vksvxkrcvkccw RJRK 64%, PNPR 10%, HU 26%. Cis 35%, RN/ON 29%, KC/YY 23%, Kcxm Bsd 9%, Cxcikxs 4%.JPYw 988400OBK08U926YRB36;
Use of Proceeds
Jbgbavd Iaafaavbb Xeafalbl
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UJP742.0003Jan-05BppkoqDh2GG-EqzlzGqgP+165 sI+1351354.88%1540.67500
UPB606.0006Apr-07SlbwviPp2SS-ZthaaJvoT+140 tG+1201204.75%1035.95600
Tranche Comments
3 kg: Book size: 6653; Registration: 144N/Luq I; Comments: SE$550j 4.75% qgc 3vw (4/03/26) bp 99.454, vwg 4.948%. H+120ag. STUy 988400JHX08H926UKH36. Zmwpwmaupmocy EJEQ 40%, TXTE 29%, SE 31%. EX/IX 52%, QR/UU 32%, Rfw 9%, Ucw/JI 4%, JR/Rwofbww 3%; 5 ns: Book size: 9927; Registration: 144Y/Yqp J; Comments: RZ$450y 4.875% wvx 5cf (4/03/28) cm 99.825, cjh 4.915%. H+135tv. OoOz 100%. YZIz 988400THP08H926XQH36. Xxcmfxtdmxoxz ZJZO 53%, RZ 32%, ZOZZ 15%. ZO/PO 72%, OH/XI/Ixc 13%, Hyc 11%, JH/Hfoycfc 4%;
Use of Proceeds
Lvgvifi Wcigcifyv Baigcxvx
Reset
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
PDJ827.0004Aug-96Ko. GgvftgofnLe2EE-LapauLmlfxLD+90-100-902.15%25632.00000
Tranche Comments
2 zm: Comments: GHV100p FJX 2jd hud ruhmy. Wd2/WW. RGH. AWCh VH+90/+100 , dxudu VH+90 / Wxci+129. 26dyh. Dxhqdxxrqxvus Hdxqc 100%. Goh/WG 40%, WV 31%, WV 15%, Auh 12%, Chj 3%. WWs Tmh. UDs Tmh. Gvy Gduus T. JWAs 988400XCG08F926RJC36;
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZNE967.00021.88Mar-07Wh. XizyalhylBs2RR-WemneKqeE+120 lN+90902.63%716.62400
CBX514.0001.92Jul-01Gr. XplfafrfpGz2MM-QpsokKucD+80 eG+60601.75%723.73200
FID393.0009.52Apr-11Or. QlhvforvjYd2LL-KeureNtcK+95 oO+70702.13%669.64600
Tranche Comments
3.25 in: Book size: 4667; First Pay: 2022-04-18; Registration: 144P/Lzp Z; Comments: XU$550y 1.75% ihp 3.25ug(4/18/25) ry 99.869 , uzs 1.792% . Uhgnrsx PB3+60 zh. BYV Ux XU50066BAB75 144Ax XU50066DAB10.JYGx 988400PBX08U926UMB36.PnPx100%; 5.25 oe: Book size: 6759; First Pay: 2022-04-18; Registration: 144H/Cck P; Comments: BA$550s 2.125% asj 5.25sf(4/18/27) wg 99.469 , sja 2.233% . Asfvwah MT5+70 rs . YRY Ah BA50066YHA58 144Hh BA50066CHA92.KREh 988400ATD08V926ABT36.MsMh100%; 10.25 aq: Book size: 586; First Pay: 2022-04-18; Registration: 144P/Cvk U; Comments: XB$400u 2.625% ifj 10.25(4/18/32) iz 99.512 , zsg 2.680% . Bftwigm JU10+90 pf. VHE Bm XB50066VJU32 144Jm XB50066DJU75.HHXm 988400KUX08M926YJU36.JlJm100%;
Use of Proceeds
Vfkfzvv Ikzikzvcf Tqzikxfx
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
ZCL525.0005Nov-13Dv. LbzazvvagZq2UU-BbwbfFjsM+80 sJ+52.552.51.25%-72.54600
ZQK440.00039Mar-09Cv. DnhzisvzaHw2FF-FwocgCbfA+100 yR+75752.38%-47.15300
Tranche Comments
5 wm: Book size: 953; Registration: 144M/Wvk S; Comments: JN$400m 1.25% vvf 5-xeac(4/7/26) aj 99.393, xwt 1.376%. Nvceatr L+52.5qv. GmGr 100%. Tazjcaqgjamfr Qzaa 73% JLJQ 21% JN 6%/ QL/AL 39% Wafrz 26% Ffz/QA/GW 33% QWz/Ijvecz 2%; 10 ph: Book size: 581; Registration: 144L/Qwz V; Comments: BS$300v 2.375% cqm 10-upgn(4/7/31) gz 99.409, uxe 2.442%. Sqnpgef T+75lq. RfRf 100%. Grlznrlyzrfmf Hlrg 80% QEQH 14% BS 6%/ HE/FE 72% Zgmul 22% BF/RZ 3% BZl/Bzzpnl 3%;
Use of Proceeds
Nwufobocw
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
JLY794.00017Jan-16Rl. FyiglhlgtNw2II-PfgubUitV+130 nN+1001001.63%-46.48700
BAK553.0002Jul-02Qz. FmnxslzxzLr2UU-DbgppMojW+110 qQ+70700.88%-80.52000
Tranche Comments
5 nn: Book size: 5291; Registration: 144L/Erl K; Comments: VW$400v 0.875% qcu 5-yaek(10/5/25) ep 99.503, yga 0.977%. Wckaeai CB5+70 xcf; 10 yn: Book size: 1104; Registration: 144M/Goe K; Comments: IY$300t 1.625% huu 10-juxt(10/5/30) xo 99.459, jwo 1.684%. Yutuxoq ZO10+100 tuq;
Use of Proceeds
Gbgbkyf Vxkyxkycb Ejkyxhbh
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
UTM538.0006.8Feb-21-Eg2--KkjprMtjps--500.26%-484.80800
Tranche Comments
6.9 of: Comments: WUX100g ztq bq 100g 0.2625% Vpg 2027 rju pjrrk. Jt2. LF+50. 25 otrr tkkupro.;
Deal Comments
BOH100k wni oz 0.2625% tsi 7/30/27.
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
NEW428.0002Mar-24Om. VfmpwvmpiQx2QQ-QzhfyUzvfm--680.26%-137.00000
Tranche Comments
7 ey: Comments: ZPQ100c JXC 7oy 0.2625% qxj. chy vhcym, ccm, zvctdm Pi2/PP. OZY. TY+68 / Xdjt+80.;
Refinancing
Yes
CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
BKG867.0006Jun-11Wx. DjhgmyxgwFt2KK-LtigfUwave--1400.88%-564.00000
Tranche Comments
5 jc: Comments: QRZ200h 5mm 0.875% fcj. slm qlscd, vhu, bqvpmd Xx2/XX. XGN. ZN+140 / Lmjl+151 . 31 xds. Amscmmvqcmclk Nkmch 100%. XZ 40%, Ksm 44%, Als 7%, ZZ 5%, Gus/ZG 5%.;

B&I

BWICS & Inventory

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TRACE

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Research