Second time lucky for Hana Bank
Hana Bank closes its $500 million bond, having previously held off pricing just before Easter due to volatile market conditions.
April 27, 2011
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.
