Exclusive: South Korea lining up banks to help finance $22 billion arms sale to Poland

📆 03/11/2023 09:51:00
📰 Reuters

⏱ Reading Time:
18 sec. here
2 min. at publisher
📊 Quality Score:
News: 11%
Publisher: 97%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

After hitting statutory limits on import-export lending, South Korea is gathering local banks to help Poland buy $22 billion worth of weapons in Seoul's largest arms sale, five people familiar with the matter told Reuters.

A K9 howitzer, delivered in the first batch of arms from South Korea under contracts signed in recent months, fires during a military drill at a military range in Wierzbiny near Orzysz, Poland, March 30, 2023. REUTERS/Kacper Pempel/File PhotoNov 3 -

Two officials from a Korean defence company confirmed the syndicated loan plan. Two officials at South Korean banks said there would be loans, but did not specify the type. The defence company official said that if the syndicated loan for the next proposed sale wasn't enough, "there could be other financing measures on the way".

Écrire un Commentaire

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Exclusive-South Korea lining up banks to help finance $22 billion arms sale to PolandExclusive-South Korea lining up banks to help finance $22 billion arms sale to Poland
La source: Investingcom - 🏆 450. / 53 Lire la suite »