Kexim scores $2.5bn with first triple-trancher

GlobalCapital

May 19, 2016 12:00 pm

korea woman px230 — A woman wearing a traditional costume "Hanbok" walks by South Korean national flags hanging on a tree to celebrate the March First Independence Movement Day, the anniversary of the 1919 uprising against Japanese colonial rule, in Seoul, South Korea, Tuesday, March 1, 2016. (AP Photo/Ahn Young-joon) | Ahn Young-joon/AP/Press Association Images

Export-Import Bank of Korea (Kexim) set a new benchmark this week with what bankers say is the first triple tranche deal out of South Korea. The policy bank managed to bring high quality US investors into its three year notes, while also sealing tight pricing on the longer-dated portion.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request demo or Login

✔ 4,000 annual insights
✔ 700+ notes and long-form analyses
✔ 4 capital markets databases
✔ Daily newsletters across markets and asset classes
✔ 2 weekly podcasts

Topics

Nomura SSA Bank of America Citi Supras and agencies South Korea Asia Emerging Markets HSBC Goldman Sachs

G

GlobalCapital