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Korea Electric Power Corporation Completes $700M Global Bond Issuance on July 13

2026-07-13 23:44:14

Korea Electric Power Corporation-1.60%

According to Yonhapinfomax, Korea Electric Power Corporation successfully issued $700 million in global bonds (144A/RegS) on July 13, achieving lower rates compared to Korean won-denominated debt. The offering consisted of a 3-year floating-rate note (FRN) of $400 million at SOFR plus 62 basis points, and a 5-year fixed-rate bond of $300 million at U.S. Treasury rates plus 50 basis points. The spreads were 33 basis points and 30 basis points tighter than initial guidance, respectively. Bookbuilding generated approximately $2.5 billion in orders, reflecting robust investor demand.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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