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Published on 11/10/2021 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Korea’s Shinhan Bank calls $500 million 3 7/8% international bonds

By William Gullotti

Buffalo, N.Y., Nov. 10 – Shinhan Bank issued a mandatory early redemption notice for its $500 million 3 7/8% international bonds (ISIN: XS1523140942) due 2026, according to a notice on Wednesday.

The bonds will be redeemed Dec. 7 at par plus interest to, but excluding, the redemption date.

The issuer is a Seoul, Korea-based private retail bank.


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