Kosep adds to Asia’s sustainability bond supply

ESG bond_Adobe_23July
By Alice Huang
28 Jul 2020

Korea South-East Power Co (Kosep) has printed a $300m sustainability bond, in part to tackle the impact of Covid-19, becoming the third issuer from the country to tap the socially responsible investment market this month.

The electricity company will allocate the proceeds of the Monday trade partly to green and social eligible categories, including to mitigate the effects of the Covid-19 pandemic, as well as for refinancing debt. 

The Aa2/AA/AA- rated issuer is the latest in a flurry of Korean names to sell ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial