By Christine Van Dusen
Atlanta, Feb. 24 – Korea Export-Import Bank (Kexim) sold $200 million of 18-month floating-rate notes at par to yield Libor plus 25 basis points on Monday, according to a company filing.
Credit Suisse was the bookrunner for the Securities and Exchange Commission-registered deal.
The proceeds will be used for general operations, including extending foreign currency loans and for the repayment of debt.
| Issuer: | Korea Export-Import Bank (Kexim)
|
| Amount: | $200 million
|
| Maturity: | Aug. 26, 2016
|
| Description: | Floating-rate notes
|
| Bookrunners: | Credit Suisse
|
| Coupon: | Libor plus 25 bps
|
| Price: | Par
|
| Yield: | Libor plus 25 bps
|
| Trade date: | Feb. 23
|
| Settlement date: | Feb. 26
|
| Distribution: | Securities and Exchange Commission registered
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
