Woori eyes Kangaroo debut

03 Apr 2012

Woori Bank could sell its first ever Australian bond in the second half of this year, as part of the South Korean lender’s efforts to diversify its investor base and hit a funding target of around $1bn.

Woori has so far raised $340m from overseas bond markets and may raise $600m more in the coming months to complete its funding requirement for the year, said the official. But the bank is currently enjoying a rise in deposits, so it may take time before it considers ...

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