On March 4, Hana Bank made its debut in the international fixed rate market with a $600 million Eurobond. The five-year deal was priced to yield 4.274% or 123bp over Treasuries. It marked the largest Eurobond on record from the Korean commercial banking sector. Lead managers were Bank of America, Citigroup and UBS.
How successful was your recent Eurobond
Lee It was one of the most successful Eurobonds from Korea in a very long time. We had a 100% hit rate from the one-on-one meetings and ended up with even distribution across the globe. When we started out we thought we might end up placing about 80% of the deal...
