ABN Amro Bank and LB Kiel have launched a $100 million two and three year fundraising for Woori Bank. The financing follows the close of Korea Exchange Bank's $130 million deal late last week.
Banks interested in joining the transaction will earn a margin of 35bp for the two-year portion and 55bp for the three-year tranche. Fees to the market will be available on three levels. Co-arrangers contributing $12 million or more will earn 52bp for two years or 51bp for three, lead managers committing $7 million to $11 million gain 48bp or 45bp and managers pledging tickets of $3 million to $6 million 44bp or 39bp.
Although a total of...
