Finance
Shinhan Bank issues $600 million in global senior foreign-currency bonds
Shinhan Bank said on Thursday it had successfully completed a $600 million issuance of global senior foreign-currency bonds on April 1. The deal comprised a 3-year floating-rate note and a 5-year fixed-rate bond, with $300 million allocated to each. The 3-year tranche was priced at SOFR plus 0.58 percentage points, and the 5-year tranche at the comparable U.S. Treasury yield plus 0.43 percentage points.
