The Export-Import Bank of Korea (Kexim) is set to issue its second dollar denominated green bond, which is expected to be priced later today.
The bank has mandated Bank of America Merrill Lynch (BAML) and Crédit Agricole as joint bookrunners for the deal. BAML will also act as green structuring agent.
Kexim was the first export credit agency to tap the green bond market in 2013, with a $500 million five-year bond. Kexim was also the first non-"triple A" rated green bond issuer.