Both deals received whopping responses from investors pleased with Indonesia’s generous offering for its largest-ever bond and Kexim’s return to capital markets, riding on Korea’s safe haven status.
Policy bank completes its largest ever international bond offering as it prepares to play a leading role in the restructuring of Korea's ailing shipbuilding industry.
Against a more stable backdrop, Kexim reawakens the market with a 10-year issue that attracts $3.5 billion of demand. Korea Housing Finance Corporation and NACF are expected to follow.