New Issue: Korea’s Kexim prices RMB 1 billion 4.4% notes due 2018 at par

By Christine Van Dusen

Atlanta, Feb. 10 – Korea Export-Import Bank sold RMB 1 billion 4.4% notes (expected ratings: Aa3/A+/AA-) at par to yield 4.4%, a market source said.

The five-year notes were talked at a yield of 4.4% to 4˝%.

Barclays was the bookrunner for the deal.

Issuer:	Korea Export-Import Bank
Amount:	RMB 1 billion
Maturity:	March 3, 2018
Description:	Senior notes
Bookrunner:	Barclays
Coupon:	4.4%
Price:	Par
Yield:	4.4%
Trade date:	Feb. 10
Settlement date:	March 3
Ratings:	Moody’s: Aa3
	Fitch: AA-
Price talk:	4.4% to 4 ˝%

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