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Korea's Shinhan Bank calls $300 million 5.663% hybrid securities
By Jennifer Chiou
New York, Jan. 22 – Shinhan Bank delivered a redemption notice for $300 million of its 5.663% hybrid tier 1 securities.
According to the notice, the bank will redeem the securities on March 2, the first optional redemption date.
The issuer is a Seoul, Korea-based private retail bank.
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