New York, April 13 - Shinhan Bank said it priced $20 million of one-year floating-rate notes at par as part of its euro medium-term note program.
The notes will carry a coupon of three-month Libor plus 15 basis points.
Banc of America Securities LLC was the sole arranger.
Shinhan Bank, a major banking subsidiary of Shinhan Financial Group, is based in Korea.
| Issuer: | Shinhan Bank
|
| Amount: | $20 million
|
| Issue: | Floating-rate notes
|
| Maturity: | May 4, 2006
|
| Coupon: | Three-month Libor plus 15 basis points
|
| Issue price: | Par
|
| Yield: | Three-month Libor plus 15 basis points
|
| Pricing date: | April 12
|
| Settlement date: | May 4
|
| Arranger: | Banc of America Securities
|
|
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