Published on 6/24/2019 in the Prospect News Emerging Markets Daily.
New Issue: Kepco prices $500 million 2½% five-year bonds
By Rebecca Melvin
New York, June 24 – Korea Electric Power Corp. (Kepco) priced $500 million of 2½% five-year bonds, according to a regulatory notice.
Citigroup Global Markets Inc., Credit Agricole CIB and Merrill Lynch International were lead managers and bookrunners of the Rule 144A and Regulation S notes.
Kepco is a Seoul-based power provider.
| Issuer: | Korea Electric Power Corp.
|
| Issue: | Global bonds
|
| Amount: | $500 million
|
| Maturity: | 2024
|
| Bookrunners: | Citigroup Global Markets Inc., Credit Agricole CIB and Merrill Lynch International
|
| Coupon: | 2½%
|
| Settlement date: | June 24
|
| Distribution: | Rule 144A and Regulation S
|
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