By Christine Van Dusen
Atlanta, Nov. 17 – The Export-Import Bank of Korea (Kexim) priced $200 million floating-rate notes due Feb. 23, 2018 at par to yield Libor plus 30 basis points, according to a company filing.
Goldman Sachs was the bookrunner for the Securities and Exchange Commission-registered deal.
The proceeds will be used for general operations.
The lender is based in Seoul.
| Issuer: | The Export-Import Bank of Korea (Kexim)
|
| Amount: | $200 million
|
| Maturity: | Feb. 23, 2018
|
| Description: | Floating-rate notes
|
| Bookrunner: | Goldman Sachs
|
| Coupon: | Libor plus 30 bps
|
| Price: | Par
|
| Yield: | Libor plus 30 bps
|
| Trade date: | Nov. 16
|
| Settlement date: | Nov. 23
|
| Distribution: | SEC registered
|
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