Woori prices bank capital deal with zero premium

Morgan Davis

September 26, 2019 08:15 am

South Korea’s Woori Bank has raised $550m from a Basel III-compliant additional tier one bond sale. Despite the softer market backdrop, the firm pulled off the deal without paying any premium.

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Topics

Nomura Bank of America Citi South Korea Bank Capital Asia Standard Chartered Northeast Asia Asia Pacific Crédit Agricole Emerging Markets Woori Investment and Securities Regulatory Capital HSBC FIG

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Morgan Davis

Deputy editor GlobalCapital Asia