Published on 10/15/2004 in the Prospect News Emerging Markets Daily.
New Issue: Korea's Shinhan Bank sells S$100 million 13-month senior notes at 1.77%
By Reshmi Basu
New York, Oct.15 - Shinhan Bank said it priced S$100 million senior unsecured notes at par to yield 1.77% Thursday.
Deutsche Bank AG was the lead manager.
Shinhan Bank, a major banking subsidiary of Shinhan Financial Group, is based in South Korea.
Issuer: | Shinhan Bank
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Amount: | S$100 million
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Issue: | Senior unsecured notes
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Maturity date: | Nov. 4, 2005
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Coupon: | 1.77%
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Issue price: | Par
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Yield: | 1.77%
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Pricing date: | Oct. 14
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Settlement date: | Nov. 4
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Manager: | Deutsche Bank AG, Singapore
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