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Korea Gas Corporation -- Moody's assigns Aa2 to Korea Gas Corporation's USD MTN drawdown

Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured US dollar notes to be issued by Korea Gas Corporation (Kogas, Aa2 stable). The notes will be issued under Kogas' existing $11 billion medium-term notes (MTN) program, which is rated (P)Aa2. Kogas plans to use the whole or part of the proceeds to finance and/or refinance projects associated with renewable energy, clean transportation, green building and social welfare.