ID :
70307
Tue, 07/14/2009 - 15:12
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https://oananews.org//node/70307
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KEPCO issues US$500 mln in dollar-denominated bonds
By Nam Kwang-sik
SEOUL, July 14 (Yonhap) -- Korea Electric Power Corp. (KEPCO), South Korea's
state power company, said Tuesday that it has sold US$500 million in
dollar-denominated bonds to finance its overseas investments.
The five-year bonds carry an interest rate of 3.55 percentage points above the
return on U.S. five-year Treasury notes, KEPCO said.
The company has hired five financial firms, including HSBC, Goldman Sachs and
Samsung Securities Co., to manage the debt sale.
ksnam@yna.co.kr
(END)
SEOUL, July 14 (Yonhap) -- Korea Electric Power Corp. (KEPCO), South Korea's
state power company, said Tuesday that it has sold US$500 million in
dollar-denominated bonds to finance its overseas investments.
The five-year bonds carry an interest rate of 3.55 percentage points above the
return on U.S. five-year Treasury notes, KEPCO said.
The company has hired five financial firms, including HSBC, Goldman Sachs and
Samsung Securities Co., to manage the debt sale.
ksnam@yna.co.kr
(END)
