Kexim prices $2.25b dual-tranche jumbo

The state-owned export credit agency rides on investors’ thirst for safe-haven assets, shedding at least 15bp from initial price guidance for its new bond.
January 12, 2015

The Export-Import Bank of Korea (Kexim) sold a $2.25 billion dual-tranche bond on Tuesday morning, pricing it at the lower end of its final guidance as investors clamour for safe-haven assets amid market volatility.

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