• +353-1-415-1241(GMT OFFICE HOURS)
  • 1-800-526-8630(US/CAN TOLL FREE)
  • 1-917-300-0470(EST OFFICE HOURS)
Export-Import Bank of Korea's US$500M Notes Due 2009 Rated 'A-' Aug 04 Product Image

Export-Import Bank of Korea's US$500M Notes Due 2009 Rated 'A-' Aug 04

  • Published: August 2004
  • Standard & Poors

FEATURED COMPANIES

Abstract
SINGAPORE (Standard & Poor's) Aug. 6, 2004--Standard & Poor's Ratings Services today assigned its 'A-' senior unsecured foreign currency debt rating to the Export-Import Bank of Korea's (KEXIM; foreign currency A-/Stable/A-2, local currency --/--/A-1) notes due 2009. The US$500 million issue will be drawn down from KEXIM's US$4 billion euro medium-term notes program, also rated 'A-'. Standard & Poor's issuer credit ratings on KEXIM are based on its public policy role as Korea's official export credit agency, providing financial facilities in support of the Korean government's (foreign currency rating A-/Stable/A-2, local currency rating A+/Stable/A-1) export-led growth strategy, and foreign trade and investment policies. The bank is owned and controlled by the government. The ratings also incorporate the strong direct support...

Companies mentioned in this report are:
- Export-Import Bank of Korea
- Korea (Republic of)

Action: New Rating

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. READ MORE >

- Export-Import Bank of Korea
- Korea (Republic of)

Format Properties
Electronic The report will be emailed to you.
Note: Product cover images may vary from those shown
More

RELATED PRODUCTS