KoFC outlines $13bn funding plan for 2010

Officials from Korea Finance Corp, the country’s newest state-backed bond issuer, travelled to Hong Kong and Singapore this week for a second round of investor meetings. Executive director Bong Sik Choi discussed KoFC’s funding plans with EuroWeek’s Matthew Thomas. BNP Paribas and Barclays Capital arranged the meetings, where Choi faced questions about KoFC’s global funding plans and the progress it has made since being set up in October to take over the public policy functions of the soon-to-be-privatised Korea Development Bank. The roadshow comes after KoFC set up a $10bn Euro-MTN programme in April, four months after an earlier series of investor meetings in December. Choi was joined by DongHae Lee, general manager in the global finance department, Heung Sang Kim, head of global funding and Na Young Kim, a manager in the global finance department.