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S. Korea Finance Sets Up $10b Loan Program
Source: koreaherald.co.kr
Source Date: Friday, April 16, 2010
Focus: Institution and HR Management
Country: Korea (Republic of)
Created: Apr 19, 2010

Korea Finance Corp. established a euro medium-term note facility worth $10 billion to make it easier to borrow overseas, the state-run company said yesterday.

The firm plans to raise 14.6 trillion won ($13 billion) this year at home and abroad, according to an e-mailed statement.

“This is a good opportunity to let our potential investors know about Korea Finance,” said CEO Ryu Jae-han.  

Korea Finance was established on Oct. 28 as a spinoff of Korea Development Bank to play the role of a state policy body.
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