Published on 11/29/2004 in the Prospect News Emerging Markets Daily.
New Issue: Korea's Shinhan Bank sells $30 million euro medium-term notes
By Reshmi Basu
New York, Nov. 29- Shinhan Bank said it sold $30 million European callable euro medium-term notes at par last Wednesday.
For the first three years the notes will carry a coupon of 4.90%. For years four to 10, the coupon will be 5.10%.
Shinhan Bank, a banking subsidiary of Shinhan Financial Group, is based in Korea.
| Issuer: | Shinhan Bank
|
| Amount: | $30 million
|
| Issue: | Callable euro medium-term notes
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| Maturity: | Dec. 14, 2014
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| Coupon: | Years one to three: 4.90%
|
| Years four to 10: 5.10%
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| Issue price: | Par
|
| Call: | On third anniversary
|
| Pricing date: | Nov. 24
|
| Settlement date: | Dec. 14
|
| Bookrunner: | ABN Amro Bank NV
|
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