Woori Bank debuts in Aussie dollars with Covid bond

By Frank Jackman
15 Oct 2020

South Korea’s Woori Bank sold its first Kangaroo bond on Thursday, raising A$400m to help fund its response to the coronavirus pandemic.

The bank had previously mandated MUFG, Nomura and Westpac to arrange investor calls ahead of a prospective Kangaroo bond with a maturity of three to four years.

On Wednesday, it decided to proceed with an October 2023 deal, circulating initial price guidance of three month BBSW/semi ...

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