Tokyo
TOKYO Electric Power (Tepco) is gauging demand for its first bond offering since the 2011 Fukushima nuclear calamity, with some market participants expecting a sale as early as February, people familiar with the plans said.
Once-sceptical investors are now more comfortable with the utility's outlook after government moves to reassess decommissioning and compensation costs, bankers and investors who asked not to be identified said.
Tepco is likely to have to pay investors a one percentage point...