Korean government primes Woori and Cho Hung offering

Pre-marketing for a $500 million exchangeable into Cho Hung Bank and Woori Financial Holdings will begin on Monday.
November 13, 2001

A deal which has, to date, elicited little but criticism from Asian equity professionals looks like it will be the first to benefit from the country's one notch upgrade yesterday (Tuesday) to BBB+ by Standard & Poor's.

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