Export-Import Bank of Korea Placement of Ps. 1 Billion Cebures
Davis Polk advised the placement facilitation agents in connection with the placement outside of Mexico of Ps. 1 billion aggregate principal amount of the 7.930% Certificados Bursátiles due 2026 (the “Cebures”) issued by the Export-Import Bank of Korea (“KEXIM”). Ps. 6 billion aggregate principal amount of the Cebures have been offered to the public in Mexico in a concurrent public offering approved by the Mexican National Banking Securities Commission.
KEXIM is an official export credit agency providing comprehensive export credit and guarantee programs to support Korean enterprises conducting overseas business.
The Davis Polk corporate team included partners James C. Lin and Manuel Garciadiaz and registered foreign lawyer Tae-Hun Kim. The tax team included counsel Alon Gurfinkel and associate Joseph Jarashow. Members of the Davis Polk team are based in the Hong Kong, London and New York offices.