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Ninja defeats Samurai: IBK saves on ¥21bn financing

28 Feb 2012

Industrial Bank of Korea will close a ¥21bn ($258.7m) syndicated loan on Tuesday, becoming the first Korean borrower to sign a deal with commitments from entirely Japanese lenders. The borrower took the funding option as an alternative to a Samurai bond issue — and wants to increasingly turn to loans bankers for funding this year.

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28 Feb 2012