By Christine Van Dusen
Atlanta, March 15 - Export Import Bank of Korea (Kexim) sold £300 million notes due March 22, 2016 (Aa3/A+/AA-) at par to yield Libor plus 70 basis points, a market source said.
The notes priced in line with talk, set at the Libor plus 70 bps area.
Deutsche Bank and RBS were the bookrunners for the Regulation S-only deal.
Kexim is a lender based in Seoul, South Korea.
| Issuer: | Export Import Bank of Korea (Kexim)
|
| Amount: | £300 million
|
| Maturity: | March 22, 2016
|
| Description: | Senior notes
|
| Bookrunners: | Deutsche Bank, RBS
|
| Coupon: | Libor plus 70 bps
|
| Price: | Par
|
| Yield: | Libor plus 70 bps
|
| Trade date: | March 15
|
| Settlement date: | March 22
|
| Ratings: | Moody's: Aa3
|
| Standard & Poor's: A+
|
| Fitch: AA-
|
| Distribution: | Regulation S only
|
| Price talk: | Libor plus 70 bps area
|
© 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.
