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Tar sand new issue alert: Korea National Oil Corporation

KNOC is starting investor calls  on March 25 for a forthcoming bond transaction. Given the significant tar sand exposure of KNOC, we advice syndicating banks to make full disclosures thereof, and investors (especially the big Swiss ones)  to request a carbon footprint on behalf of KNOC. Seems pretty reasonable in 2021.

(24 March 2021)



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