Signs of resistance to Korean loan pricing

The Export-Import Bank of Korea (Kexim) has mandated six banks for a $300 million transferable term loan facility. The mandated banks are ABN AMRO, BA Asia, Barclays Capital, DBS Bank, Sumitomo Mitsui Banking Corporation (SMBC) and Tokyo-Mitsubishi International. The deal will be launched into general syndication early next week. DBS Bank is the publicity agent for the transaction.