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Korea's Woori Bank to start roadshow next week for $300 million five-year floaters
By Paul A. Harris
St. Louis, Nov. 22 - Woori Bank, Korea's second-largest commercial bank, is expected to start a roadshow next week for a $300 million offering of five-year senior unsecured floating-rate notes, according to a market source.
Deutsche Bank Securities, JP Morgan and Merrill Lynch & Co. will be the underwriters.
The notes, which will be issued via the bank's $4 billion medium-term note program, are rated Baa1 by Moody's Investors Service and A- by Standard & Poor's.
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