Kexim eyes dollar loan from Taiwanese banks
Export-Import Bank of Korea (Kexim) is talking to Taiwanese banks about a dollar-denominated loan that could be worth around $270m. The policy bank wants to capitalise on its successful debut in Taiwan’s Formosa bond market earlier this year.
We are trying to sign a loan programme with Taiwanese banks right now, said Hyung-jong Noh, director general of Kexims international finance department.
The deal is still in its early stages but looks set to be a dollar-denominated facility provided mainly by Taiwanese banks.Kexim raised $270m in ...