Haven status drives investors to Komipo's new 5.5 year
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Asia

Haven status drives investors to Komipo's new 5.5 year

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Korea Midland Power Co (Komipo) bagged $300m from new 5.5 year notes that were four times subscribed on January 13. The Aa2/AA-/AA- rated borrower offered investors something of a safe haven play amid the recent volatility, with strong demand allowing the issuer to print the new bond with little premium.

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