wooris-800-million-bond-soars-in-aftermarket

Woori's $800 million bond soars in after-market

Woori Bank's new 5.5-year dollar bond issue attracts strong demand, but there are also complaints that it was priced too generously.

Woori Bank, a unit of Woori Finance Holdings, sold $800 million of Rule 144A notes on Monday, pricing the 5.5-year deal at midday in New York. The deal attracted huge demand from investors worldwide, but also controversy, critics complained that the terms were too generous.

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