Published on 1/27/2021 in the Prospect News Emerging Markets Daily.
New Issue: Korea Southern Power sells $450 million ¾% five-year notes
By Marisa Wong
Los Angeles, Jan. 27 – Korea Southern Power Co., Ltd. issued $450 million of ¾% notes due 2026 (Aa2//AA-) on Wednesday, according to a notice.
Citigroup Global Markets Inc., Credit Agricole CIB, Mizuho Securities USA LLC and UBS AG Hong Kong Branch are lead managers and bookrunners for the Regulation S and Rule 144A deal.
The electricity company is based in Busan, South Korea.
| Issuer: | Korea Southern Power Co., Ltd.
|
| Issue: | Notes
|
| Amount: | $450 million
|
| Maturity: | Jan. 27, 2026
|
| Bookrunners: | Citigroup Global Markets Inc., Credit Agricole CIB, Mizuho Securities USA LLC and UBS AG Hong Kong Branch
|
| Coupon: | ¾%
|
| Settlement date: | Jan. 27
|
| Ratings: | Moody’s: Aa2
|
| Fitch: AA-
|
| Distribution: | Regulation S and Rule 144A
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
