Woori prepares AT1 ahead of Fed meeting

South Korea's second-largest lender set to print new additional tier one debt, turning to the market on the cusp of a crucial interest rate meeting in the US.

Woori prepares AT1 ahead of Fed meeting

Woori Bank is poised to become the first South Korean bank to raise additional tier one capital this year, turning to investors only a day before a crucial interest rate decision in the United States.

Woori wants to return to the bond market on Tuesday, just a day before the US Federal Reserve decides whether or not to hike interest rates.

Bankers were reticent about the choice of timing, but appeared confident...

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