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Published on 1/5/2005 in the Prospect News Emerging Markets Daily.

Korea Exchange Bank may issue dollar-denominated subordinated debt

By Reshmi Basu

New York, Jan. 5 - Korea Exchange Bank may issue dollar-denominated subordinated debt to refinance its $200 million bonds due 2010, according to a market source.

Those bonds are callable in June 2005.

Korea Exchange Bank, based in Seoul, is owned by U.S investment fund Loan Star.


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