Korea Hydro Nuclear Power KHNP, a unit of state-run Korea Electric Power Corporation Kepco, priced a $1 billion five-year bond issue early this morning Hong Kong time at the tight end of late price guidance.
Despite the fact that Korean investors were excluded from the primary offering, the deal attracted around $8 billion worth of orders, led by a hefty bid from Asian accounts, according to people familiar with the deal. Irresistible momentum gathered, and the issue turned hot.
Roadshows for the power generating company genco kicked off in Hong Kong on June 4, before moving to Singapore, London and New York but a planned visit to Boston was replaced by...
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