Woori goes tight on $550m sustainable bond

Korea_USdollar_Adobe_24July
By Morgan Davis
26 Jan 2021

Solid demand from investors for Woori Bank's sustainable bond on Monday allowed the South Korean borrower to price its $550m deal at an ultra-tight spread.

The A1/A rated bank's transaction followed a slew of popular green related trades and conventional dollar bonds from South Korea that have flooded the market so far this year. Investors have been enthusiastically buying into the transactions, despite their tight pricing.

Woori's five year transaction was ...

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