...July 10, 2026 HONG KONG (S&P Global Ratings) July 10, 2026--S&P Global Ratings today assigned its '##' long- term issue rating to U.S. dollar-denominated senior unsecured notes that Korea Midland Power Co. Ltd. (Komipo) proposes to issue. The notes will be drawn from the company's US$3 billion euro medium-term note program, which we rate '##'. Komipo plans to use the proceeds to finance or refinance eligible green and climate transition projects, as defined in the company's green and climate transition finance framework. The issue rating is subject to our review of final issuance documentation. We equalize the issue rating on the proposed notes with the long-term issuer credit rating on Komipo (##/Stable/--) because we do not foresee any material structural or contractual subordination risks in the company's capital structure. As of March 31, 2026, Komipo's capital structure consisted of Korean won (KRW) 7.2 trillion of unsecured debt at the parent level and KRW330 billion of unsecured...
