Kepco appoints debt restructuring advisors

Credit Suisse First Boston and Lehman Brothers are chosen to unwind the utility''s complicated cross-guarantees and covenant restrictions tied its foreign currency debt.
January 24, 2002

The two banks, which bid together for the mandate, have beaten Deutsche Bank, Goldman Sachs and UBS Warburg, which all bid separately. They will now join Daiwa, already mandated to handle the company's yen-denominated debt.

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