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Debt-Saddled Kepco Turns to Dollar Green Bond After Losses Mount

  • Kepco markets USD debt, already sold record won bonds in ‘22
  • S&P cut Kepco’s stand-alone credit profile on likely losses

Korea Electric Power Corp. is looking to raise even more funds in the face of ballooning losses due to surging fuel costs. 

The monopoly power distributor in South Korea is offering dollar-denominated green bonds in two parts, according to a person familiar with the matter on Tuesday.