Woori Bank inks 2-part loan for refinancing
Seven international banks aided to arrange the deal.
Woori Bank Co. signed a two-part loan to refinance debt, according to data compiled by Bloomberg.
One term loan of 75 million euros pays a margin of 90 basis points over benchmark rates while a second term facility of $80 million pays a margin of 95 basis points, the data show. Both mature on Jan. 12, 2013, and were signed on Jan. 10, the data show, according to a report in Business Week.
Citigroup Inc., Landesbank Baden-Wuerttemberg, Standard Chartered Plc, UniCredit Bank AG, Australia and New Zealand Banking Group Ltd., Commerzbank AG and Wells Fargo & Co. helped to arrange the loans, the data show.