By Reshmi Basu
New York, Nov. 12 - Shinhan Bank said it priced $30 million daily range accrual notes due 2009 at par on Thursday.
The interest on the notes is linked to U.S dollar six month Libor.
The notes are non-callable for three years.
Deutsche Bank AG was the lead manager.
Shinhan Bank, a banking subsidiary of Shinhan Financial Group, is based in Korea.
Issuer: Shinhan Bank
Amount $30 million
Issue: Daily range accrual notes with interest linked to six-month Libor
Maturity date Nov. 25, 2009
| Issue price: | Par
|
| Call: | After three years, at par, then annually
|
| Pricing date: | Nov. 11
|
| Settlement date: | Nov. 25
|
| Manager: | Deutsche Bank AG, Singapore
|
|
|
|
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
