CAF, Kexim sign $200m project financing facility

The Export-Import Bank of Korea (Kexim) has granted a $200 million revolving uncommitted credit facility to CAF, the Latin American Development Bank.

Projects in Latin America involving the export of goods and services from a Korean supplier to a buyer in the region, local companies that require capital to facilitate and promote Korean exports, and/or boost business with a Korean company, are eligible for this line of credit. The region will also benefit from South Korean know-how, expertise and best practices.