Woori lines up card securitization

First time issuer, same old assets.

2002, at least as far as cross-border asset backed securitization ABS issuance from Korea goes, is shaping up to be the year of credit-card deals. Merrill Lynch will shortly embark on roadshows for a $300 issue for Samsung Capital, targeted for completion by the end of the month, while CSFB was recently mandated to arrange the debut international offering by the Korea Exchange Bank.

Now, Woori Financial û the financial holding company established last year by Hanvit, Peacebank, Kyungnam, Kwangju...

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