Korea East-West Power to end wait on dollar deal

By Steven Gilmore
19 Nov 2013

Korea East-West Power could launch a long awaited dollar deal this week. The issuer has approval from the Ministry of Finance, all its documentation in place, and debt bankers on the deal are hoping to price the transaction in the next few days.

The borrower picked Bank of America Merrill Lynch, Citi, Credit Suisse, HSBC and UBS as bookrunners and met investors in Asia, Europe and the US at the start of this month. But it was seeking approval from the country’s finance minister for a $300m bond several ...

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