Kia Motors said to have mandated six for Mexico loan

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By Shruti Chaturvedi
30 Sep 2014

South Korean car maker Kia Motors Corp is understood to have mandated six banks for a $578m loan that will go towards the setting up of a new production facility in Mexico.

The company began sounding out lenders earlier this month and the loan was widely sought as there have been very few Korean deals in the market lately, said bankers.

Citi, HSBC, ING, JP Morgan, Mizuho and Banco Santander are among the lenders tipped to have won the bid ...

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