Woori Bank returns with $600 million bond

Woori secures a $4 billion order book, taking advantage of cashed-up investors looking for investment-grade Korean debt.

With the equity markets strengthening and the problems in Europe abating, investors are feeling it's time to spend the cash that they've been sitting on since the markets started see-sawing in May. And, with that, several Asian borrowers have come to market over the past two weeks and again this week with the return yesterday of Woori Bank.

This is the second time Woori Bank has issued bonds this year after pricing a $500 million five-and-a-half-year deal in...

FinanceAsia has updated its subscription model. Registered readers now have the opportunity to read five articles from our award-winning website for free. Please subscribe for unlimited access.

Print Edition

FinanceAsia Print Edition