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Published on 10/16/2020 in the Prospect News Emerging Markets Daily.

New Issue: South Korea’s Woori Card sells $100 million five-year floaters

By Marisa Wong

Los Angeles, Oct. 16 – Woori Card Co., Ltd. issued $100 million of floating-rate notes due 2025 on Friday, according to a notice.

BNP Paribas SA, Taipei Branch, Cathay United Bank Co., Ltd., Capital Securities Corp., Taishin International Bank Co., Ltd. and SinoPac Securities Corp. are the bookrunners.

The issuer is a subsidiary of Seoul, South Korea-based Woori Bank.

Issuer:Woori Card Co., Ltd.
Issue:Floating-rate notes
Amount:$100 million
Maturity:Oct. 16, 2025
Bookrunners:BNP Paribas SA, Taipei Branch, Cathay United Bank Co., Ltd., Capital Securities Corp., Taishin International Bank Co., Ltd. and SinoPac Securities Corp.
Settlement date:Oct. 16

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