New Issue-Korea Southern Power sells $300 mln notes

April 11 (Reuters) - Korea Southern Power Co Ltd, a
subsidiary of Korea Electric Power Corp (015760.KS: Quote, Profile, Research) (KEP.N: Quote, Profile, Research)
(1576yq.L: Quote, Profile, Research) on Friday sold $300 million of five-year senior
notes in the 144a private placement market, said market
sources.

ABN Amro, Citigroup Global Markets and Deutsche Bank
Securities were the joint bookrunning managers for the sale.
BORROWER: KOREA SOUTHERN POWER CO LTD
AMT $300 MLN COUPON 5.375 PCT MATURITY 4/18/2013
TYPE SR NOTES ISS PRICE 99.61 FIRST PAY 10/18/2008
MOODY'S A1 YIELD 5.465 PCT SETTLEMENT 4/18/2008
S&P A-MINUS SPREAD 289.6 BPS PAY FREQ SEMI-ANNUAL
FITCH N/A MORE THAN TREAS NON-CALLABLE