Korea Gas Corporation (KOGAS), founded in 1983 and headquartered in Daegu, South Korea, is the largest natural gas utility company in the country. Its primary purpose is to ensure the stable supply of natural gas, while also promoting the development of a natural gas infrastructure. KOGAS is involved in exploration, production, and importation of gas, providing essential services to residential, commercial, and industrial customers.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
KOGAS has been an active player in the bond market since its initial issuance in the late 1990s, effectively utilizing bonds to finance its expansion and infrastructure projects. A significant milestone occurred in 2016 when KOGAS issued a 5-trillion won bond to fund its overseas projects, marking one of the largest corporate bond issuances in South Korea. Currently, the yields on KOGAS bonds are competitive within the industry, reflecting a strong credit rating and investor confidence. Recent news highlighted a new green bond issuance in 2023 as part of its commitment to sustainability, underscoring KOGAS's alignment with global environmental practices.