Monday, September 2nd, 2013
According to investment banking sources on September 1, the three KEPCO subsidiaries announced their plans for bond issuing by the year's end. The total value of bond issues is estimated at around 1 trillion won.
Some analysts forecast that the latest announcement may revive the market that has been frozen since the "Bernanke shock" since June. Earlier, POSCO and KT, another blue-chip companies with AAA credit ratings, had revealed plans to issue bonds worth 700 billion won and 400 billion won, respectively, in October.