Korean banks look to raise funds

After a relatively quiet first nine months, are bankers set to face a deluge in the last quarter?

Loan bankers are preparing for a busy September following the traditionally barren month of August. A whole host of names have been sounding out banks and are looking to award mandates in the very near future with a view to getting their deals out into the market by the end of August.

Korean banks feature prominently amongst these and a trio have requested banks to bid for mandates. Analysts believe that more of these credits will come to the market as Dealogic figures show that there is almost $1.5 billion worth of loans due to mature by the end of the year.

Standard Chartered has teamed up with Sumitomo Mitsui Banking...

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