FinanceAsia Achievement Awards 2000 - Best Overall Bond Deal / Best Non-Investment Grade Bond Deal

Hanvit Bank, $850 million subordinated debt

JP Morgan

Few deals deserve the epithet of being described as remarkable, but Hanvit's upper and lower tier 2 debt transaction is undoubtedly one of them. The ten, non-call five deal marked Asia's first international bond offering of the year and at year end, it still stands as its most significant. Indeed Asian bank subordinated debt has become such an integral part of the region's fixed income landscape that it is almost hard to appreciate just how groundbreaking the deal was at the time of its launch in mid-February.

The first ever issue of upper tier 2 debt by a non-investment grade bank globally, the deal also represented only the third instance of publicly...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222