Korea National Oil Corporation (KNOC), founded in 1979 and headquartered in Ulsan, South Korea, is a state-owned enterprise focused on securing the nation's energy resources. The company specializes in exploration, production, and refining of oil and gas, playing a crucial role in enhancing South Korea’s energy security.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
KNOC has been actively issuing bonds since the early 2000s to finance its capital expenditures and acquisitions. Notably, in 2015, the company launched a significant bond issue worth $1 billion to support its overseas investments, marking one of its largest issuances to date. Current bond yields are competitive, reflecting the company's solid credit profile in the energy sector. Moreover, KNOC's bonds typically feature favorable terms, including sizable maturity ranges and periodic coupon payments, appealing to both retail and institutional investors looking for stable income in a volatile market.