Korea Hydro flooded with orders for dollar bond

By Morgan Davis
21 Apr 2021

Korea Hydro & Nuclear Power, a subsidiary of Korea Electric Power Corp, has printed a $500m bond after getting five times the demand at the peak of bookbuilding.

The borrower, which is rated Aa2/AA, has not sold a dollar bond since July 2018, according to Dealogic. That $600m 3.75% 2023 trade came with a green label.

Bookrunners Bank of America, Citi, Crédit Agricole, HSBC, JP Morgan and UBS announced the new five year trade with an ...

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