ID :
40223
Mon, 01/12/2009 - 16:53
Auther :
Shortlink :
http://m.oananews.org//node/40223
The shortlink copeid
Ex-Im Bank to sell over US$1 bln in bonds overseas
SEOUL, Jan. 12 (Yonhap) -- South Korea's state-owned trade bank said Monday that
it will sell more than US$1 billion worth of bonds to overseas investors to
service trade financing for local businesses.
The exact amount and interest rate of the five-year debt will be determined early
Tuesday, the Export-Import Bank of Korea (Ex-Im Bank) said.
Moody's Investors Service has granted a Aa3 rating on the bonds with Standard &
Poor's giving an A, according to the Ex-Im Bank.
pbr@yna.co.kr
(END)
it will sell more than US$1 billion worth of bonds to overseas investors to
service trade financing for local businesses.
The exact amount and interest rate of the five-year debt will be determined early
Tuesday, the Export-Import Bank of Korea (Ex-Im Bank) said.
Moody's Investors Service has granted a Aa3 rating on the bonds with Standard &
Poor's giving an A, according to the Ex-Im Bank.
pbr@yna.co.kr
(END)
