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Published on 7/29/2019 in the Prospect News Emerging Markets Daily.

Moody’s rates Kexim notes Aa2

Moody's Investors Service said it assigned Aa2/Aaa.mx long-term senior unsecured debt ratings in the global and Mexican national scale to the proposed certificados bursátiles issuance in Mexican pesos to be issued by Export-Import Bank of Korea (Kexim).

The outlook on the global debt ratings is stable.

The cebures will amount to the equivalent in Mexican pesos of up to $400 million and will have a seven-year maturity.

The agency said the rating on the cebures is equalized with the government of Korea's Aa2 rating.


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