Cleary Gottlieb Steen & Hamilton and Seoul-based Shin & Kim have advised The Export-Import Bank of Korea on its latest bond issue on the Singapore Exchange.

The state-controlled Korean bank and export credit agency, also known as Kexim, offered $2.25 billion of notes in two tranches, maturing in five and ten years respectively. A regular fundraiser on the Singapore debt market, Kexim also listed $1 billion of notes on the exchange last August.