The state-owned export credit agency raises a dual-tranche dollar bond, cutting short Korean borrowers’ month-long hiatus from international debt markets.
The Korean government-owned export credit agency said it would continue to support local currency markets next year, supported by the requirement for funding diversification and lower cost of capital.
As international banks withdraw from long-term financing in Asia, DBS takes advantage of an opportunity to grow its presence by forging an agreement with Korea Export-Import Bank.