Korea (South) based Investment Bank Woori Bank has finalised a private placement in the USD Floating Rate Euro Medium Term Note market. The financing matures in 2025 and was executed by a single dealer.
A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
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| Issuer Details | |
| Issuer | Woori Bank |
| LEI | 549300VUVMRL6RE7R376 |
| Industry | Investment Banking and Brokerage |
| Country | Korea (South) |
| Issuer Description | The bank was founded back in 1899, originally called Daehan Cheon-il Bank, renamed Joseon Sangup Bank in 1911, then Commercial Bank of Korea in 1950s. Following the 1997 Asian financial crisis, it merged with the former Hanil Bank and Peace Bank to become Hanvit Bank. Woori Bank adopted its current name in 2002. . Woori Bank provides a full range of commercial banking services. The Bank offers deposits, loans, insurance, security investments, online banking, credit cards, funds, and pensions. Woori Bank operates in Korea. |
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| Trade Details | |
| Security Type | MTN |
| Amount | USD [Login to see full details] |
| Total Amount including taps | USD [Login to see full details] |
| Total Amount Outstanding | USD [Login to see full details] |
| Total Order Book | USD [Login to see full details] |
| Structure | Floating Rate |
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| It came at a spread of [Login to see full details] in the Euro bond market. | |
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A Euro bond is a bond or other type of negotiable debt instrument issued in the offshore international, also called eurobond, market. The ISIN of a Euro Market bond always starts with XS. It can be denominated in any freely tradeable currency.
Check here for all issuer’s year to date financings.