Korea’s Exim Bank Raises $1B In Debt Issue

Export-Import Bank of Korea issued a $1 billion bond, reopening the dollar bond market in Asia.

Export-Import Bank of Korea (Kexim) issued a $1 billion bond, reopening the dollar bond market in Asia, FinanceAsia reports. The bond carries a coupon rate of 4.375 percent and is scheduled to mature in 10 years.

The bookrunners were Bank of America Merrill Lynch, Credit Suisse, Daiwa, Goldman Sachs Group, HSBC Holdings and J.P. Morgan. Woori Investment & Securities served as the joint lead manager.

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