Davis Polk advised the underwriters in connection with the SEC-registered Schedule B debt offerings by KEXIM of $800 million aggregate principal amount of its floating-rate notes due 2021 and $700 million aggregate principal amount of its floating-rate notes due 2023.

KEXIM is an official export credit agency providing comprehensive export credit and guarantee programs to support Korean enterprises conducting overseas business.

The Davis Polk corporate team included partner James C. Lin and registered foreign lawyer Tae-Hun Kim. Counsel Alon Gurfinkel and associate Veronica Orecharova provided tax advice. Members of the Davis Polk team are based in the Hong Kong and London offices.