Published on 2/28/2019 in the Prospect News Emerging Markets Daily.
New Issue: Korea’s Kexim sells Rp 700 billion of 8% synthetic notes due 2024
By Susanna Moon
Chicago, Feb. 28 – Export-Import Bank of Korea (Kexim) sold Rp 700 billion 8% fixed-rate synthetic notes due 2024, according to a term sheet.
J.P. Morgan Securities plc is the bookrunner.
The lender is based in Seoul.
| Issuer: | Export-Import Bank of Korea (Kexim)
|
| Issue: | Synthetic notes
|
| Amount: | Rp 700 billion
|
| Maturity: | 2024
|
| Bookrunner: | J.P. Morgan Securities plc
|
| Coupon: | 8%
|
| Issue date: | Feb. 28
|
| Distribution: | Regulation S and Rule 144A
|
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