Add to balance / Manage account | User: | Log out |
Prospect News home > News index > List of issuers E > Headlines for Export-Import Bank of Korea (Kexim) > News item |
Moody's rates Kexim notes A3
Moody's Investors Service said it assigned an A3 rating to The Export-Import Bank of Korea's proposed $1 billion senior unsecured two-tranche global notes issuance due 2010 and 2015 under the U.S. Securities and Exchange Commission registered shelf program. The outlook is stable.
Moody's said the rating is underpinned by the strategic role of The Export-Import Bank of Korea in financing the country's export sector, its importance as a government-controlled policy bank and its relatively strong financial fundamentals.
The bank played a critical role during the economic crisis, acting as provider of trade credits to both Korean exporters and importers, according to Moody's.
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.