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Korea’s Kexim to issue dual dollar-denominated fixed-rate notes
By Rebecca Melvin
New York, Nov. 19 – The Export-Import Bank of Korea (Kexim) is planning to issue dual tranches of dollar-denominated fixed-rate notes, according to a company filing.
BofA Merrill Lynch, Credit Agricole CIB, Daiwa Capital Markets Europe, HSBC, Mizuho Securities and Standard Chartered Bank are the joint bookrunners and lead managers for the Securities and Exchange Commission-registered deal, and Kexim Bank (UK) Ltd. is a co-manager.
The proceeds will be used for general operations, including extending foreign currency loans and repayment of maturing debt and other obligations.
The lender is based in Seoul.
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