SEOUL, Nov 3 (Reuters) – 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.
“Five local banks are reviewing a syndicated loan as a support measure” to help Poland finance its purchase of South Korean rocket artillery systems and fighter jets, a South Korean government official said, speaking on condition of anonymity to discuss ongoing planning.
Two officials from a Korean defence company confirmed the syndicated loan plan. Two officials at South Korean…