Kexim announces M$1 billion ringgit bond

The Korean policy bank will open the books on its dual-tranche transaction this Wednesday.

The Export-Import Bank of Korea Kexim formally announced a M$1 billion $310 million bond transaction on Friday that, if successful, could mark the first foray by a Korean issuer in the Malaysian market. RHB is the lead arranger, with CIMB and OCBC acting as joint lead managers and bookrunners. Merrill Lynch is global financial adviser.

The transaction will be split into a five-year and a 10-year tranche and will be issued as part of the borrowerÆs M$3 billion medium-term note...

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