Leading what is expected to be an extremely active autumn pipeline from Korea, Woori, Shinhan and possibly the Korea Development Bank are hoping to raise up to $1.75 billion within the next week.
Woori Bank seems likely to price first as it launches short roadshows today Friday in Singapore for a $300 million to $500 million senior deal. Presentations will continue in Hong Kong on Monday and London on Tuesday, with pricing tentatively scheduled for later the same day.
The deal will have a five-year maturity and under the lead management of ABN AMRO and Merrill Lynch, the Baa2BBB- rated bank is said to be hoping to maximise proceeds....