By Aaron Hochman-Zimmerman
New York, Oct. 4 - The Export-Import Bank of Korea announced the pricing of 1 billion Mexican pesos 10-year notes (Aa3/A/A+) at par to with a coupon of 8.61%, according to a press release.
Merrill Lynch acted as the bookrunner for the bonds, which mature on Oct. 11, 2017.
Proceeds from the sale will be used for general operations and the repayment of maturing debt.
Kexim is a Seoul-based state-owned bank.
| Issuer: | Export-Import Bank of Korea
|
| Amount: | 1 billion Mexican pesos
|
| Issue: | 10-year global bond
|
| Maturity: | Oct. 11, 2017
|
| Coupon: | 8.61%
|
| Price: | Par
|
| Yield: | 8.61%
|
| Bookrunner: | Merrill Lynch
|
| Pricing date: | Oct. 4
|
| Settlement date: | Oct. 11
|
| Distribution: | Off shelf
|
| Rating: | Moody's: Aa3
|
| Standard & Poor's: A
|
| Fitch: A+
|
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