Published on 10/27/2004 in the Prospect News Emerging Markets Daily.
New Issue: Korea's Shinhan Bank sells $50 million euro MTNs at Libor plus 35 bps
By Reshmi Basu
New York, Oct. 27 - Shinhan Bank said it sold $50 million of three-year euro medium-term notes at par on Wednesday.
The notes will carry a coupon of three-month Libor plus 35 basis points.
Shinhan Bank is based in South Korea.
| Issuer: | Shinhan Bank
|
| Amount: | $50 million
|
| Issue: | Euro medium-term notes
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| Maturity: | Nov. 5, 2007
|
| Coupon: | Three-month Libor plus 35 basis points
|
| Issue price: | Par
|
| Pricing date: | Oct. 26
|
| Settlement date: | Nov. 5
|
| Bookrunners: | BNP Paribas
|
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