Korea Western launches $300m bond

The Korean power company raises funds at the lower end of the pricing range, making use of its newly obtained ratings upgrade from Moody’s.
Korea Western Power supplies 10% of the country's electricity
Korea Western Power supplies 10% of the country's electricity

Korea Western Power sold a capped $300 million five-year note on Monday, competitively pricing the deal hot on the heels of its recently attained ratings upgrade from Moody’s.

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