Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-' - S&P Global Ratings’ Credit Research

Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-'

Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-' - S&P Global Ratings’ Credit Research
Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-'
Published Jan 30, 2013
994 words — Published Jan 30, 2013
Price US$ 150.00  |  Buy this Report Now

About This Report

  
Abstract:

HONG KONG (Standard&Poor's) Jan. 30, 2013--Standard&Poor's Ratings Services said today that it has assigned its 'A-' rating to Woori Bank's (Woori; A-/Stable/A-2) ¥24.3 billion senior unsecured bonds with a coupon rate of 0.77% due Feb. 5, 2015, and its ¥5.7 billion senior unsecured bonds with a coupon rate of 0.87% due Feb. 5, 2016. Woori intends to use the bond proceeds to repay maturing bonds. The bonds will constitute direct, unconditional, unsecured, and unsubordinated obligations of the bank. They will rank pari passu with all other unsecured and unsubordinated obligations of the bank. RELATED CRITERIA AND RESEARCH Woori Bank, Dec. 20, 2012 Banking Industry Country Risk Assessment: Korea, April 19, 2012 Banks: Rating Methodology And Assumptions,

  
Brief Excerpt:

RESEARCH Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-' Publication date: 30-Jan-2013 Primary Credit Analyst: Terry Sham, CFA, FRM, Hong Kong (852) 2533-3590; terry_sham@standardandpoors.com Secondary Contact: Gavin J Gunning,...

  
Report Type:

Ratings Action

Ticker
0003@KS
Issuer
Woori Bank
GICS
Diversified Banks (40101010)
Sector
Global Issuers, Structured Finance
Country
Korea
Region
United States
Format:
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Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-'" Jan 30, 2013. Alacra Store. May 12, 2025. <http://www.alacrastore.com/s-and-p-credit-research/Woori-Bank-s-Senior-Unsecured-Samurai-Bonds-Rated-A-1069527>
  
APA:
S&P Global Ratings’ Credit Research. (). Woori Bank's Senior Unsecured Samurai Bonds Rated 'A-' Jan 30, 2013. New York, NY: Alacra Store. Retrieved May 12, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/Woori-Bank-s-Senior-Unsecured-Samurai-Bonds-Rated-A-1069527>
  
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