pricing-terms-kexim-Ç750-million-bond

Pricing terms: Kexim Ç750 million bond

Following a European roadshow, Kexim launched and priced a Ç750 million bond last night. Please find pricing details below, commentary to follow on Monday.

 

Issue: Export-Import Bank of Korea
Rating of the bond: Aa3 stable / A stable/ A+
Forma: Reg S/ 144A
Size: €750 million
Tenor: Five years
Yield: 5.861%
Price: 99.531
Coupon: 5.75% annual
Spread: 138bp over mid-swaps
Guidance: 140bp over mid-swaps
Settlement date: May 22 2008
Maturity date: May 22 2013
Investor-type split: Funds:
12%
Banks:
45%
Insurance Companies:
39%
Others:
4%
Geographic split: Europe:
73%
Asia:
17%
US:
10%
Number of investors: 83
Final book: €1.4 billion
Bookrunners: Citi, Depfa, Deutsche, HSBC, RBS

 

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