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Woori Bank Signs Two-Part Loan With Seven Lenders to Refinance

Jan. 16 (Bloomberg) -- Woori Bank Co. signed a two-part loan to refinance debt, according to data compiled by Bloomberg.

One term loan of 75 million euros pays a margin of 90 basis points over benchmark rates while a second term facility of $80 million pays a margin of 95 basis points, the data show. Both mature on Jan. 12, 2013, and were signed on Jan. 10, the data show.

Citigroup Inc., Landesbank Baden-Wuerttemberg, Standard Chartered Plc, UniCredit Bank AG, Australia and New Zealand Banking Group Ltd., Commerzbank AG and Wells Fargo & Co. helped to arrange the loans, the data show.

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To contact the editor responsible for this story: Katrina Nicholas at knicholas2@bloomberg.net

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