Kepco's 30 year ambitions

Kepco''s borrowing chief, Myung-Whan Kim discusses his forthcoming dollar borrowing.

What are your borrowing plans for the year

We are preparing a $300 million 30 year bond, which is part of our funding requirement for the year. We decided to issue a 30 year bond because the domestic capital market accomodates only maturities of five years or less.This means our average debt duration is relatively short - it is slightly over four years. So we'd like to extend the duration.

Also the treasury yield is relatively...

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