Korea Hydro hires banks for roadshow; may sell debt-source

HONG KONG, Sept 2 (Reuters) - State-owned Korea Hydro & Nuclear Power Co (KHNP) has hired banks to arrange a series of meetings with investors ahead of a planned dollar bond, a source familiar with the matter said on Thursday.

Bank of America Merrill Lynch (BAC.N), Citigroup Inc (C.N), Deutsche Bank AG (DBKGn.DE), HSBC Holdings Plc (HSBA.L)(0005.HK), Samsung Securities and UBS AG (UBSN.VX) were hired for the road show, the source said.

A dollar bond issue may follow, subject to market conditions. the source said.

The road show will start in Hong Kong and Singapore on Sept. 6, moving to Los Angeles on Sept. 7, then to London and New York on Sept. 8.

KHNP is a unit of Korea Electric Power Corp (015760.KS), which is also planning to issue bonds. [ID:nTOE67T00U]

Moody's Investors Services has rated the planned issue A1, four levels below its top rating.

The debt sale was part of KHNP's $2 billion global medium-term note programme and the proceeds would be used for general corporate purposes, Moody's said in a statement. (Reporting by Jun Ebias; Editing by Chris Lewis)