New Issue: Korea Export-Import Bank prices RMB 1 billion of notes due 2017, 2019

By Christine Van Dusen

Atlanta, Nov. 24 – Korea Export-Import Bank priced a combined RMB 1 billion of notes due in 2017 and 2019 (/A+/AA-) on Monday, a market source said.

The deal included RMB 300 million three-year notes that priced at par to yield 3.35% and RMB 700 million five-year notes that priced at par to yield 7.7%.

UBS was the bookrunner for the Regulation S deal.

Issuer:	Korea Export-Import Bank
Amount:	RMB 1 billion
Description:	Notes
Bookrunner:	RBS
Trade date:	Nov. 24
Settlement date:	Nov. 28
Ratings:	Standard & Poor’s: A+
	Fitch: AA-
Distribution:	Regulation S
Notes due 2017
Amount:	RMB 300 million
Maturity:	Nov. 28, 2017
Coupon:	3.35%
Price:	Par
Yield:	3.35%
Notes due 2019
Amount:	RMB 700 million
Maturity:	Nov. 29, 2019
Coupon:	7.7%
Price:	Par
Yield:	7.7%

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