Kexim eyes dollar loan from Taiwanese banks

05 Sep 2010

Export-Import Bank of Korea (Kexim) is talking to banks in Taiwan 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 Kexim’s 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 ...

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