Published on 5/6/2020 in the Prospect News Emerging Markets Daily.
New Issue: Korea East-West Power sells $500 million 1¾% notes due 2025
By Rebecca Melvin
New York, May 6 – Korea East-West Power Co. Ltd. priced $500 million of 1¾% notes due 2025, according to a listing confirmation notice with the Singapore Stock Exchange.
BNP Paribas, Citigroup Global Markets Inc., Credit Agricole CIB, HSBC and Merrill Lynch International were bookrunners for the Rule 144A and Regulation S deal.
The Seoul-based issuer is a wholly owned unit of state-owned Korea Electric Power Corp.
| Issuer: | Korea East-West Power Co. Ltd.
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| Amount: | $500 million
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| Maturity: | 2025
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| Description: | Notes
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| Bookrunners: | BNP Paribas, Citigroup Global Markets Inc., Credit Agricole CIB, HSBC and Merrill Lynch International
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| Coupon: | 1¾%
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| Issue date: | May 6
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| Listing date: | May 8
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| Distribution: | Rule 144A and Regulation S
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