0001193125-21-027973.txt : 20210204 0001193125-21-027973.hdr.sgml : 20210204 20210204062310 ACCESSION NUMBER: 0001193125-21-027973 CONFORMED SUBMISSION TYPE: FWP PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210204 DATE AS OF CHANGE: 20210204 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: EXPORT IMPORT BANK OF KOREA CENTRAL INDEX KEY: 0000873463 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP SEC ACT: 1934 Act SEC FILE NUMBER: 333-217916 FILM NUMBER: 21588767 BUSINESS ADDRESS: STREET 1: 460 PARK AVE 20TH FL CITY: NEW YORK STATE: NY ZIP: 10005 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: EXPORT IMPORT BANK OF KOREA CENTRAL INDEX KEY: 0000873463 STANDARD INDUSTRIAL CLASSIFICATION: FOREIGN GOVERNMENTS [8888] IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: FWP BUSINESS ADDRESS: STREET 1: 460 PARK AVE 20TH FL CITY: NEW YORK STATE: NY ZIP: 10005 FWP 1 d107948dfwp.htm FREE WRITING PROSPECTUS Free Writing Prospectus

Filed Pursuant to Rule 433

Registration Statement No. 333- 217916

Final Term Sheet for the 2024 Notes

The Export-Import Bank of Korea

Final Term Sheet for US$500,000,000 0.375% Notes due 2024 (the “2024 Notes”)

February 3, 2021

 

      
Issuer    The Export-Import Bank of Korea
Issue Currency    U.S. Dollar (US$)
Issue Size    US$500,000,000
Maturity Date    February 9, 2024
Settlement Date    On or about February 9, 2021, which will be the fourth business day following the date of this final term sheet. If you wish to trade the 2024 Notes on any day prior to the second business day before the settlement date, because the 2024 Notes will initially settle in T+4, you may be required to specify an alternate settlement cycle at the time of your trade to prevent a failed settlement.
Interest Rate    0.375% per annum
Day Count    30/360
Interest Payment Dates    February 9 and August 9 of each year, commencing on August 9, 2021 and with interest accruing from February 9, 2021. If any Interest Payment Date or the Maturity Date falls on a day that is not a business day (as defined below), then payment will not be made on such date but will be made on the next succeeding day that is a business day, with the same force and effect as if made on such Interest Payment Date or the Maturity Date (as the case may be), and no interest shall be payable in respect of such delay. The term “business day” as used herein means a day other than a Saturday, a Sunday, or any other day on which banking institutions in The City of New York, London or Seoul are authorized or required by law or executive order to remain closed.
Public Offering Price    99.869%
Gross Proceeds    US$499,345,000
Underwriting Discounts    0.300%

Net Proceeds (after deducting underwriting
discounts but not estimated expenses)		    US$497,845,000
Denominations    US$200k/1k
CUSIP    302154 DE6
ISIN    US302154DE62
Format    The 2024 Notes will be registered with the U.S. Securities and Exchange Commission.
Listing    Approval in-principle has been received from the Singapore Exchange Securities Trading Limited for the listing and quotation of the 2024 Notes.
Governing Law    New York
Joint Bookrunners    BNP Paribas, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, KB Securities Co., Ltd., Mizuho Securities USA LLC and Standard Chartered Bank
Co-manager    KEXIM Bank (UK) Limited
Fiscal Agent    The Bank of New York Mellon
      

This Final Term Sheet should be read in conjunction with the prospectus dated July 20, 2020, as supplemented by the preliminary prospectus supplement dated February 3, 2021 (the “Preliminary Prospectus”), relating to the 2024 Notes. Capitalized terms used but not defined herein have the meanings given to them in the Preliminary Prospectus.

The Issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the Securities and Exchange Commission for more complete information about the Issuer and this offering. You may get these documents free of charge by visiting EDGAR on the website of the Securities and Exchange Commission at www.sec.gov. Alternatively, an underwriter or dealer participating in the offering will arrange to send you the prospectus if you request it by calling 1-877-858-5407.

The most recent prospectus can be accessed through the following link:

https://www.sec.gov/Archives/edgar/data/873463/000119312521026347/d107948d424b5.htm

Notification under Section 309B(1)(c) of the Securities and Futures Act, Chapter 289 of Singapore (the “SFA”) - the Issuer has determined, and hereby notifies all relevant persons (as defined in Section 309A(1) of the SFA), that the 2024 Notes are prescribed capital markets products (as defined in the Securities and Futures (Capital Markets Products) Regulations 2018 of Singapore) and Excluded Investment Products (as defined in MAS Notice SFA 04-N12: Notice on the Sale of Investment Products and MAS Notice FAA-N16: Notice on Recommendations on Investment Products).

ANY DISCLAIMER OR OTHER NOTICES THAT MAY APPEAR AFTER THIS MESSAGE ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER E-MAIL SYSTEM.