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

Moody's Investors Service has assigned a Aa2 rating to the proposed senior unsecured US dollar 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 general corporate purpose, including refinancing of its maturing debt.