KorAm Bank launches $150 million loan

The six banks mandated for a $150 million one-year loan for KorAm Bank launched the transaction yesterday (Tuesday). Citibank/SSB, Commerzbank, Sumitomo Mitsui Banking Corporation and Standard Chartered are the book-runners for the deal, while DBS and Natexis Banque Populaires make up the rest of the mandated group. The deal was launched into general syndication, which is expected to close on September 16.