[Korea sinyuncheol financial newspaper reporter] said Shinhan Bank has issued a global bond of US $ 500 million in size in preparation for internal and external economic uncertainty.
This global bond is issued in US dollars (USD) issued unsecured Senior Notes due five years after the last two years interest rates in 2015 is 2.875% plus the 1.0% p 5-year government bond yields in the United States.
A total of 142 institutions has secured an order for approximately $ 1.9 billion, which is equivalent to about four times the size of the issue in the region, Asia 57%, Americas 25%, showed an even distribution of European investors 18%.
Shinhan Bank official said "recently issued by the international financial market volatility in the last 10 days 400 000 000 Australian dollars Kangaroo bond issuance $ 500 million in global bonds followed in ensuring preemptive foreign currency liquidity in accordance with the higher level due to internal and external economic uncertainty." 'to form a benchmark for commercial banks, commercial banks in the first five-year global bond issued in 2017 and completed in the second half of the line procurement maturing bonds made possible a flexible deal with future financial market volatility, he said.
This issue includes Credit Agricole, HSBC, JP Morgan, Mizuho, Morgan Stanley is co-lead manager, respectively, were involved in Shinhan Investment, Shinhan Financial Co., Ltd. is a very secondary underwriter.
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