New Issue: Korea's Shinhan Bank sells $50 million two-year notes at 99.80

By Reshmi Basu

New York, June 9 - Shinhan Bank said it priced $50 million two-year fixed-rate notes at an issue price of 99.80 with a coupon of 4%.

BNP Paribas was the lead manager.

Shinhan Bank, a major banking subsidiary of Shinhan Financial Group, is based in Seoul, Korea.

Issuer:	Shinhan Bank
Amount:	$50 million
Issue:	Fixed-rate notes
Maturity:	June 15, 2007
Coupon:	4%
Issue price:	99.80
Redemption price:	Par
Pricing date:	June 8
Settlement date:	June 15
Dealer:	BNP Paribas

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