trending Market Intelligence /marketintelligence/en/news-insights/trending/cxgakz5da4w6mqndw9pfcq2 content esgSubNav
In This List

Shinhan Financial Group issues US$500M of hybrid securities

Podcast

Street Talk | Episode 94: Recessionary fears in '22 overblown, Fed could overtighten

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022

Blog

Investment Banking Newsletter April 2022


Shinhan Financial Group issues US$500M of hybrid securities

Shinhan Financial Group Co. Ltd. issued US$500 million of hybrid securities with a coupon of 5.875%, Yonhap News Agency reported Aug. 8.

It was the first such foreign-currency issuance by any South Korean bank holding company, the report said.

The offering attracted US$2 billion in buy orders from 150 institutional investors, said Shinhan Financial Group, which had delayed the issuance from July due to challenging market conditions.