Country deals of the year: South Korea

01 Feb 2010

Regular borrower Kexim was the perfect candidate to re-open Asia ex-Japan’s G3 currency debt markets with its US$2 billion, five-year deal last January. It earns our nod as South Korea's best deal of the past year.

SOUTH KOREA
Export-Import Bank of Korea US$2 billion 8.125% bonds due 2014
Bookrunners: Bank of America-Merrill Lynch, Citi, Deutsche Bank, HSBC, RBS

A year on, and it’s easy to forget about the gloomy days of January 2009.

It was not a pretty sight: credit markets were volatile and borrowers and ...

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