Happy hour for Hana

Hana sets records with the largest and tightest international bond from the Korean commercial banking sector.

Jackie Horne

March 04, 2004

Successfully riding a wave of positive sentiment towards the Korean banking sector, Hana concluded its debut fixed rate bond deal yesterday (Thursday). At $600 million, the deal's issue size beats Woori Bank's previous $500 million record and at 123bp, its spread to Treasuries surpasses an IBK bond that priced in June last year at 136bp over.

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