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Published on 4/27/2020 in the Prospect News Emerging Markets Daily.

New Issue: Korea’s Kexim sells $700 million three-year floating-rate notes

By Marisa Wong

Los Angeles, April 27 – Export-Import Bank of Korea (Kexim) issued $700 million floating-rate notes due 2023 on Monday, according to a notice.

BNP Paribas, Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd., Societe Generale and UBS AG Hong Kong Branch are the lead managers and bookrunners.

The lender is based in Seoul.

Issuer:Export-Import Bank of Korea (Kexim)
Issue:Floating-rate notes
Amount:$700 million
Maturity:April 27, 2023
Bookrunners:BNP Paribas, Citigroup Global Markets Ltd., Hongkong and Shanghai Banking Corp. Ltd., Societe Generale and UBS AG Hong Kong Branch
Settlement date:April 27

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