Coincidence?.....
Choi has been confirmed this morning, and this popped up just now.....
Posco offers $500m bond
Posco, formerly known as Pohang Iron and Steel Co, began courting global investors earlier this month, preparing them for the steel giant’s bond market return. Investors were eager to buy a non-state-owned South Korean credit. With a Baa1/BBB+ rating, Posco offers a bit more spread that the government-owned ...
Why would they want $500m US and reenter the bond market after a seven year absence?
Coincidence?..... Choi has been confirmed this morning, and this...
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