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Moody’s assigns Korea Electric notes Aa2
Moody’s Investors Service said it assigned an Aa2 rating to Korea Electric Power Corp.’s planned dollar-denominated senior unsecured notes.
Kepco will issue the notes under its $11 billion global medium-term note program, which is rated (P) Aa2.
The issuer plans to use the proceeds to fund or refinance existing and future debt for the development and operation of green projects associated with renewable energy, clean transportation and energy efficiency.
The outlook is stable.
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