Asian Bank HY Credit Weekly: New Year / New Issue Market
Risk-wait, risk-on and new issue markets impacted Asian bank bonds over the geo-politically eventful week ending 10 January 2020. After a slow...
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A Pair Trade Between KB Financial and Woori Financial
Kb Financial Group (105560 KS) and Woori Financial Group (316140 KS) are the second and fourth largest banking groups in South Korea (in terms of...
512 Views
Asian Bank HY Credit Weekly: What Looks Mispriced Entering 2020
Risk-on market sentiment pushed Asian bank High Yield and X-over Subordinated debt, as well as X-over Senior Unsecured US$-bond spreads tighter in...
469 Views
Woori Financials Placement - One Overhang Gone in a Well Flagged Deal, Another Remains
Woori Bank (000030 KS) plans to raise US$233m by selling its entire stake in Woori Financial Group (316140 KS). The selldown has been well flagged...
591 Views
Woori Bank Holdco Conversion: Current Status & Trade Approach
Woori Bank (000030 KS)'s stock purchase period ended last Friday. We will enter trade suspension starting Jan 9 and until Feb 12. Dilution is...
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