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Kepco plans to issue $300 million bonds
By Reshmi Basu
New York, Aug. 31 - Korea Electric Power Corp. is planning to issue $300 million of bonds, according to a market source.
On April 20, Kepco priced $300 million of 30-year notes at 93 basis points over Treasuries.
The 5 1/8% notes priced at 98.434 to yield 5.329%.
The Seoul-based power company is a state-owned monopoly.
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