 Moodys Investors Service has assigned an Aa2 rating to the proposed senior unsecured USD notes to be issued by Korea South-East Power Co., Ltd. KOSEP, Aa2 stable. KOSEP plans to use all or part of the proceeds to fund or refinance existing and future debt for eligible green and social projects, including the development of renewable power sources, pollution prevention and control, terrestrial and aquatic biodiversity conservation, green buildings, small- and medium enterprise financing and microfinance, employment generation and socioeconomic advancement and empowerment. The Aa2 rating reflects KOSEPs close operational and financial links with its parent, Korea Electric Power Corporation, and the companys strategic importance to Koreas economy as a major power generator, says Mic Kang, a Moodys Vice President and Senior Credit Officer. 