Woori returns with punchy $500 million lower tier-2 bond

Woori Bank prints an aggressive $500 million lower tier-2 deal and the bonds tighten in secondary trading.

Woori Bank took advantage of bullish market conditions early Thursday morning to close an aggressively priced $500 million 10-year lower tier-2 issue. Despite its punchy pricing, the bonds tightened in the secondary market during the day.

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