Fitch ups view of 11 Korea utilities

Fitch Ratings said it revised the outlooks to stable from negative and affirmed the long-term foreign-currency issuer default ratings at A+ of Korea Expressway Corp., Korea Electric Power Corp., Korea Hydro & Nuclear Power Co., Ltd., Korea East-West Power Co., Ltd., Korea Midland Power Co., Ltd., Korea South-East Power Co., Ltd., Korea Southern Power Co., Ltd., Korea Western Power Co., Ltd., Korea Land Corp., Korea Gas Corp. and Korea District Heating Corp.

The outlook revisions are triggered by an outlook change on the Republic of Korea's A+ sovereign long-term foreign-currency issuer default rating to stable from negative, Fitch said.

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