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TOPDEAL: 8BN EXCESS USD 5|7YR CORP BBB DUAL TRANCHE CONVERTIBLE DEMAND FOR LG CHEM

Post Date: 18 July 2023
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#BondMarket
#CRP
#CRP-MAT-Chem.Com
#OECD
#Korea_(South)
#5y_to_10y
#USD

LG Chem's dual tranche convertible USD2bn offer. The transaction consisted of a USD1bn 5yr and USD1bn 7yr tranche with 1.25% and 1.6% coupons respectively. The notes are non-callable, convertible into single stock.

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