KEXIM First South Korean To Enter Malaysian Bond Market

March 2008 | Corporate Financing News Alert

Korea Export-Import Bank (KEXIM) has become the first Korean issuer to enter into Malaysia's local bond market. The MYR1bn (US$311mn) transaction was completed March 3 and received a positive response from Malaysian investors. The deal was in fact one and a half times oversubscribed. KEXIM sold two tranches, a five-year MYR500mn ringgit bond yielding 4.08% and a 10-year MYR500mn ringgit bond at

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