Woori Bank and GS Caltex add to hot streak for Korean bonds

South Korean groups raise $500 million and $400 million five-year bonds respectively, offering investors the opportunity to tap a market hot with issuance in recent weeks.
Woori Bank is in the process of marketing a five-year US dollar benchmark deal, and other Korean institutions that have tapped the international bond market this month.
Woori Bank is in the process of marketing a five-year US dollar benchmark deal, and other Korean institutions that have tapped the international bond market this month.

Woori Bank sold a $500 million five-year bond on Tuesday night during US hours, joining GS Caltex and other South Korean companies that have tapped the international bond market this month.

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