Moody's may up Kepco, units

Moody's Investors Service said it placed the A2 local currency issuer rating and A3 foreign currency bond rating of Korea Electric Power Corp. (Kepco) on review for possible upgrade.

The rating review has been triggered by Kepco's continued solid financial profile and the ongoing reduction in industry reform risk in Korea's power sector.

At the same time, Moody's also placed the A3 foreign currency bond ratings on Korea Hydro & Nuclear Power Co. Ltd., Korea East-West Power Co. Ltd., Korea Midland Power Co. Ltd., Korea South-East Power Co. Ltd. and Korea Southern Power Co. Ltd. on review for upgrade.

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