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Published on 5/8/2013 in the Prospect News Emerging Markets Daily.

New Issue: Korea's Kexim prices €250 million tap of 2% notes due 2020 at 99.89

By Christine Van Dusen

Atlanta, May 8 - Korea Export-Import Bank (Kexim) priced a €250 million tap of its 2% notes due April 30, 2020 (Aa3/A+/AA-) at 99.89, a market source said.

Deutsche Bank was the bookrunner for the Regulation S deal.

The original €750 million issue of 2% notes due 2020 priced in April at 99.774.

Issuer:Korea Export-Import Bank (Kexim)
Amount:€250 million
Maturity:April 30, 2020
Description:Notes
Bookrunner:Deutsche Bank
Coupon:2%
Price:99.89
Trade date:May 8
Ratings:Moody's: Aa3
Standard & Poor's: A+
Fitch: AA-
Distribution:Regulation S

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