Korea Midland Power Co., Ltd., founded in 2001 and headquartered in Busan, South Korea, is a leading provider of electricity generation services in the region. The company primarily focuses on the generation of electric power from a variety of resources, including natural gas and renewable sources, contributing significantly to the national grid and promoting sustainable energy initiatives.
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Korea Midland Power began issuing bonds in 2007, establishing a solid presence in the capital markets. Notably, in 2021, the company raised ?500 billion through its 5-year bonds, which were well-received, reflecting strong investor confidence. As of late 2023, the current yields on their bonds compared favorably to industry averages, particularly in the energy sector, due to the company's robust financial health and credit rating. Additionally, their bonds include unique features such as fixed interest rates, providing stability for investors amid fluctuating market conditions.