Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child

    Actor Jung Woo-sung admits to being father of model Moon Ga-bi’s child
  2. 2

    Industry experts predicts tough choices as NewJeans' ultimatum nears

    Industry experts predicts tough choices as NewJeans' ultimatum nears
  3. 3

    Opposition chief acquitted of instigating perjury

    Opposition chief acquitted of instigating perjury
  4. 4

    Seoul city opens emergency care centers

    Seoul city opens emergency care centers
  5. 5

    [Exclusive] Hyundai Mobis eyes closer ties with BYD

    [Exclusive] Hyundai Mobis eyes closer ties with BYD
  1. 6

    Jung's paternity reveal exposes where Korea stands on extramarital babies

    Jung's paternity reveal exposes where Korea stands on extramarital babies
  2. 7

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance

    [Herald Review] 'Gangnam B-Side' combines social realism with masterful suspense, performance
  3. 8

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push

    Why S. Korean refiners are reluctant to import US oil despite Trump’s energy push
  4. 9

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations

    Agency says Jung Woo-sung unsure on awards attendance after lovechild revelations
  5. 10

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial

    Prosecutors seek 5-year prison term for Samsung chief in merger retrial
피터빈트

Korea South-East Power signs $300m loan wih 7 banks

By Korea Herald

Published : May 3, 2012 - 14:49

    • Link copied

Korea South-East Power Co., which operates thermal power stations in Korea, borrowed $300 million in a facility which matures in 2 1/2-years, according to an e- mailed statement.

The loan, which is structured as a floating-rate style note, was signed with Australia & New Zealand Banking Group Ltd., Citigroup Inc., DBS Group Holdings Ltd., HSBC Holdings Plc., Mizuho Financial Group Inc., Sumitomo Mitsui Banking Corp. and United Overseas Bank Ltd. on May 2, according to Thursday’s statement.

Korea South-East Power Co. paid a rate of 150 basis points more than the London interbank offered rate for the facility, according to the statement. (Bloomberg)

More from Headlines