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Korea’s Kexim to issue three tranches of dollar-denominated notes
By Christine Van Dusen
Atlanta, May 18 – The Export-Import Bank of Korea (Kexim) is looking to issue two tranches of fixed-rate notes and one tranche of floating-rate notes, all of which would be denominated in dollars, according to a company filing.
BNP Paribas, BofA Merrill Lynch, Citigroup, Goldman Sachs, HSBC and Nomura are the bookrunners for the Securities and Exchange Commission-registered deal. Mirae Asset Daewoo is joint lead manager, and Kexim Asia is a co-manager.
The proceeds will be used for general operations, including extending foreign currency loans and repaying debt.
Kexim is based in Seoul, South Korea.
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