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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
Amount:S$100 million
Issue:Senior unsecured notes
Maturity date:Nov. 4, 2005
Coupon:1.77%
Issue price:Par
Yield:1.77%
Pricing date:Oct. 14
Settlement date:Nov. 4
Manager:Deutsche Bank AG, Singapore

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