Woori Bank's $300 Million Offering

August 6, 2018

Cleary Gottlieb served as transaction counsel in an offering of $300 million 5.125 percent Tier II Subordinated Notes due 2028, by Woori Bank under its $7 billion global medium-term note program. 

BofA Merrill Lynch, Commerzbank, Crédit Agricole CIB, HSBC, and J.P. Morgan served as joint bookrunners and joint lead managers for the offering, which closed on August 6, 2018.

Woori Bank, whose shares are listed on the NYSE, is one of the largest commercial banks in Korea based on total loans and assets and provides a wide range of products and services to a broad spectrum of customers.