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Korea Water Resources Corp., the state-run utility, is arranging meetings with bond investors in Asia this week with help from Morgan Stanley, according to a person familiar with the matter.
The Daijon-based company is talking to investors in Singapore and Japan through Nov. 20, said the person, who asked not to be identified as the schedule is private.
Korea Water is seeking to diversify its sources of funding to help finance projects, including the 8 trillion won ($9.6 billion) it needs for the so-called four rivers project in Korea, finance team manager Han Hak Sop said Oct. 7.
South Korea’s government has said it plans to spend 22.2 trillion won over the next four years to upgrade the water- quality and supply systems for the nation’s four major rivers.
