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Korea Western Power Co., Ltd. -- Moody's assigns Aa2 to Korea Western Power's CHF MTN drawdown

Moody's Investors Service has assigned an Aa2 rating to the proposed senior unsecured Swiss Franc (CHF) notes to be issued by Korea Western Power Co., Ltd. (KOWEPO, Aa2 stable). The notes will be issued under KOWEPO's existing USD2.0 billion global medium term note (MTN) program, which is rated (P)Aa2. KOWEPO plans to use the proceeds for the financing or refinancing of its investments in renewable energy, pollution prevention and control, energy efficiency, socio economic advancement and empowerment, and small-medium enterprise financing.