Published on 2/12/2014 in the Prospect News Emerging Markets Daily.
New Issue: Korea's Kexim sells A$50 million more 5 1/8% notes due 2020 at 99.823
By Christine Van Dusen
Atlanta, Feb. 12 - Korea Export-Import Bank priced a A$50 million increase of its existing A$100 million 5 1/8% notes due Feb. 25, 2020 (expected ratings: Aa3/A+/AA-) at 99.823, a market source said.
ANZ and National Australia Bank were the bookrunners for the deal.
| Issuer: | Korea Export-Import Bank
|
| Amount: | A$50 million
|
| Maturity: | Feb. 25, 2020
|
| Description: | Senior notes
|
| Bookrunners: | ANZ, National Australia Bank
|
| Coupon: | 5 1/8%
|
| Price: | 99.823
|
| Trade date: | Feb. 12
|
| Settlement date: | Feb. 25
|
| Expected ratings: | Moody's: Aa3
|
| Standard & Poor's: A+
|
| Fitch: AA-
|
| Original issue: | A$100 million 5 1/8% notes
|
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