Korea East West Power talks dollar benchmark 5½-year notes at 115 bps area over Treasuries

By Christine Van Dusen

Atlanta, Nov. 24 – Korea East-West Power Co. Ltd. set talk in the Treasuries plus 115 basis points area for its offering of dollar-denominated and benchmark-sized notes due in 5½ years (expected ratings: Aa3/A+/AA-), a market source said.

Barclays, BNP Paribas, BofA Merrill Lynch, Citigroup, Credit Suisse, HSBC and UBS are the bookrunners for the Rule 144A and Regulation S deal.

The Seoul-based issuer is a wholly owned unit of state-owned Korea Electric Power Corp.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.