Signs of resistance to Korean loan pricing

Kexim has mandated six banks for its $300 million loan as KEB and KorAm close their deals with varying degrees of success.

Prakash Chakravarti

September 19, 2002

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.

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