Copying and distributing are prohibited without permission of the publisher
Hyundai Steel – ECA-backed financing
26 March 2010
Korean steel deal stands firm
Coordinating MLA: Citi Additional MLAs: BBVA, Crédit Agricole, HSBC, LBBW, Mizuho
Borrower: Hyundai Steel Company (HSC)
Amount: ¥24 billion ($260 million)
Tenor: 7-years
ECAs: The Export-Import Bank of Korea (Kexim)
Legal counsel: Linklaters, Kim & Chang |
This was an impressive deal that saw Citi arrange a key buyer credit for a South Korean corporate. Not only was the deal the largest foreign currency syndicated loan in Korea last year, but also the largest...
You must be logged in to view this page. If you are already a registered user please log in. Alternatively, you can request a free trial or subscribe.
Already have an account?
Subscribe
Subscribers have unlimited access to all current and archive content. Start your
subscription today - click on the button below.
