Woori seeks to take advantage of upswing in sentiment

Hot on the heels of KEB''s successful deal ABN Amro Bank and LB Kiel bring Woori to the market.

ABN Amro Bank and LB Kiel have launched a $100 million two and three year fundraising for Woori Bank. The financing follows the close of Korea Exchange Bank's $130 million deal late last week.

Banks interested in joining the transaction will earn a margin of 35bp for the two-year portion and 55bp for the three-year tranche. Fees to the market will be available on three levels. Co-arrangers contributing $12 million or more will earn 52bp for two years...

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