But yesterday, IBK sold another M$400 million $125 million of bonds following reverse enquiries from another three investors, bringing the total size to M$1 billion, or $313 million.
The deal, which started out as a rather small transaction, matched similarly-rated Export-Import Bank of Korea in the size it finally managed to achieve. ôThe transaction was initially rather unambitious, but IBK did well in succeeding to raise this amount. I think itÆs...
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