Debt - Listing Confirmation::US$500,000,000 2.375% Notes due 2023

Issuer & Securities

Issuer/ Manager
POSCO US$500M2.375%N230117A - US693483AG42 - JVQB
POSCO US$500M2.375%N230117R - USY70750BU03 - HGQB

Announcement Details

Announcement Title
Debt - Listing Confirmation
Date &Time of Broadcast
17-Jan-2020 17:23:23
Announcement Sub Title
US$500,000,000 2.375% Notes due 2023
Announcement Reference
Submitted By (Co./ Ind. Name)
Securities Market Control
Effective Date and Time of the event
20/01/2020 09:00:00
Description (Please provide a detailed description of the event in the box below)
1. The Notes will be listed and quoted in the Bonds Market with effect from 9.00 a.m., Monday, 20 January 2020.

2. (I) The short name of the Notes is POSCO n2.375%230117A and the ISIN code is US693483AG42.

(II) The short name of the Notes is POSCO n2.375%230117R and the ISIN code is USY70750BU03.

The letter 'R' denotes that trading of the Notes issued under Regulation S. The letter 'A' denotes that trading of the Notes issued under Rule 144A.

3. The Notes will be quoted and traded in United States Dollars ( US$ ). The Notes will be in denominations of US$200,000 and integral multiples of US$1,000. The Notes will be traded in a minimum board lot size of US$200,000.

4. The issue date of the Notes is 17 January 2020.

5. The name and address of the Principal Paying Agent is as follows: -

Citibank, N.A., London Branch
1 North Wall Quay
Dublin 1

6. The Joint Lead Managers and Bookrunners of the Notes are BNP Paribas, Citigroup Global Markets Inc., The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch International and Standard Chartered Bank.

7. Please refer to the Issuer's offering documents for complete details before trading.

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.