Published on 6/28/2022 in the Prospect News Emerging Markets Daily and Prospect News Green Finance Daily.
New Issue: Korea Western Power sells $300 million 4 1/8% green notes due 2025
By Marisa Wong
Los Angeles, June 28 – Korea Western Power Co., Ltd. issued $300 million of 4 1/8% notes due 2025 on Tuesday, according to a notice.
Citigroup, Credit Agricole CIB and Mizuho Securities were the joint bookrunners for the Regulation S offer.
Korea Western Power is an electric company based in Taean-gun, South Korea.
| Issuer: | Korea Western Power Co., Ltd.
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| Amount: | $300 million
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| Issue: | Green bonds
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| Maturity: | June 28, 2025
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| Bookrunners: | Citigroup, Credit Agricole CIB and Mizuho Securities
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| Counsel to underwriters: | Cleary Gottlieb
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| Coupon: | 4 1/8%
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| Pricing date: | June 21
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| Settlement date: | June 28
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| Listing date: | June 29
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| Distribution: | Regulation S
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| Listing: | Singapore
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| ISIN: | XS2489897343
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