Published on 3/7/2024 in the Prospect News Emerging Markets Daily.
New Issue: Korea’s Kexim issues INR 8.2 billion of notes in two tranches
By Mary-Katherine Stinson
Lexington, Ky., March 7 – Export-Import Bank of Korea (Kexim) issued INR 8.2 billion of fixed-rate notes in two tranches, according to a notice.
The INR 4.1 billion of 8% notes due 2028 and the INR 4.1 billion of 8.1% notes due 2030 were issued on Oct. 16, 2023 and will be listed on Friday.
The lender is based in Seoul.
| Issuer: | Export-Import Bank of Korea (Kexim)
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| Amount: | INR 8.2 billion
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| Issue: | Notes
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| Issue date: | Oct. 16, 2023
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| Listing date: | March 8
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| 2028 notes
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| Amount: | INR 4.1 billion
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| Maturity: | Oct. 16, 2028
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| Coupon: | 8%
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| ISIN: | XS2703629233
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| 2030 notes
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| Amount: | INR 4.1 billion
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| Maturity: | Oct. 16, 2030
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| Coupon: | 8.1%
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| ISIN: | XS2702926408
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