Kepco makes $808m with strong international demand

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Kepco makes $808m with strong international demand

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Sean Gladwell - Fotolia

Korea Electric Power Corp (Kepco) has raised W855.6bn ($808m) by selling all its treasury shares via a block trade on October 23. Priced just above the lower end of the price range, the deal resonated well with international investors, with demand from them alone taking books to around three times covered.

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