Seoul: The state-run Export-Import Bank of Korea (Exim Bank) announced that it has successfully raised US$1.5 billion through an overseas bond sale.
According to Yonhap News Agency, the debt issuance was divided into two tranches, consisting of $500 million in three-year, floating rate bonds, and $1 billion in five-year, fixed rate debt. The bond sale attracted significant interest from investors, garnering a total demand of $7.7 billion, as reported by the lender.