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Published on 12/8/2020 in the Prospect News Emerging Markets Daily.

New Issue: Kexim prices $50 million in zero-coupon notes due 2050

By Cady Vishniac

Detroit, Dec. 8 – Export-Import Bank of Korea (Kexim) has priced $50 million in zero-coupon notes due Dec. 7, 2050, according to a notice.

The principal paying agent on the deal was Deutsche Bank AG, London Branch. Morgan Stanley & Co. International plc acted as lead manager and bookrunner.

The notes will be listed on the Singapore Exchange on Wednesday.

The lender is based in Seoul.

Issuer:Export-Import Bank of Korea (Kexim)
Issue:Notes
Amount:$50 million
Maturity:Dec. 7, 2050
Bookrunner:Morgan Stanley & Co. International plc
Coupon:0%
Settlement date:Dec. 7

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