South Korea's Kexim plans retap of its 8.61% Mexican peso bonds due 2017

By Aaron Hochman-Zimmerman

New York, April 23 - The Export-Import Bank of Korea (Aa3/A/A+) announced plans to reopen its 8.61% Mexican peso bonds due 2017, according to a press release.

The original 1 billion peso notes were priced on Oct. 4, 2007 and mature on Oct. 11, 2017.

Merrill Lynch will act as the bookrunner for the registered deal.

Proceeds from the sale will be used for general corporate purposes.

Kexim is a Seoul-based state-owned bank.

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