South Korea's Shinhan Bank plans to sell $300 million 10-year bonds

By Reshmi Basu

New York, Feb. 9 - Shinhan Bank said it plans to sell $300 million in 10-year bonds.

The upper tier II subordinated bonds will be non-callable for five years.

Barclays Capital, BNP Paribas and HSBC are lead managers for the issue.

Meanwhile a roadshow is expected to start next week, according to a market source.

Shinhan Bank, based in Seoul, Korea, is a private retail bank.

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