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Korean ECAs fund Krakatau Posco’s steel site
19 December 2011
Export credit agencies, K-sure and Kexim, agree financing terms for the Krakatau Posco steel plant in Indonesia.
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export credit agency
eca
Kexim
K-sure
Krakatau Posco
steel
Indonesia
Korea
Cilegon
Korean export credit agencies have closed a $1.73 billion financing package for an Indonesia steel plant jointly owned by Korea’s Posco and Indonesia’s Krakatau Steel.
The Export-Import bank of Korea (Kexim) issued a 14-year $1.2 billion loan while state...
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