Woori seeks Covid-19 relief in Kangaroo mart

By Frank Jackman
14 Oct 2020

Woori Bank is preparing to make its Kangaroo bond debut, choosing the market to launch its first Covid-19 response bond.

The South Korean borrower, rated A1/A/A-, plans to raise a three year Covid-19 recovery sustainability bond in fixed and/or floating rate formats.

It mandatedMUFG, Nomura and Westpac last Tuesday to arrange investor calls ahead of a prospective Kangaroo bond between three and four ...

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