New Issue: Woori Bank sells $600 million 4 7/8% sustainability notes due 2028

By Cristal Cody

Chicago, Jan. 18 – Woori Bank sold $600 million of 4 7/8% five-year notes on Tuesday, according to multiple sources.

The notes priced at Treasuries plus 135 basis points, after talk at Treasuries plus 175 bps.

BofA Securities, BNP Paribas, Credit Agricole CIB, MUFG, Societe Generale and Standard Chartered Bank are the joint lead managers.

Investors calls started on Jan. 9 for the Rule 144A and Regulation S issue.

The bank is based in Seoul, South Korea.

Issuer:	Woori Bank
Amount:	$600 million
Issue:	Sustainability notes
Maturity:	Jan. 26, 2028
Bookrunners:	BofA Securities, BNP Paribas, Credit Agricole CIB, MUFG, Societe Generale and Standard Chartered Bank
Coupon:	4 7/8%
Spread:	Treasuries plus 135 bps
Trade date:	Jan. 17
Settlement date:	Jan. 26
Distribution:	Rule 144A and Regulation S
Price talk:	Treasuries plus 175 bps
ISINs:	US98105EAM93, US98105GAM42
Marketing:	Investor calls

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.