13 04 2016

Shinhan Bank Completes $6 Billion GMTN Program Update and $500 Million Tier II Subordinated Notes Offering

Simpson Thacher, acting as sole international counsel, represented BNP Paribas, The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities plc, Merrill Lynch International, Mizuho Securities USA Inc., Morgan Stanley & Co. International plc, Shinhan Asia Limited and Shinhan Investment Corp., as dealers, in connection with the update of the US$6 billion Global Medium Term Note program of Shinhan Bank. In addition, Simpson Thacher, acting as sole international counsel, represented BNP Paribas Securities Corp., The Hongkong and Shanghai Banking Corporation Limited, J.P. Morgan Securities plc, Merrill Lynch International, Mizuho Securities USA Inc., Morgan Stanley & Co. International plc, Shinhan Asia Limited and Shinhan Investment Corp., as joint lead managers, in connection with the offering of US$500 million 3.875% Tier II Subordinated Notes due 2026 by Shinhan Bank under its Global Medium Term Note program.


The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.  Shinhan Bank is one of the leading commercial banks in Korea providing a wide range of commercial and other banking services to retail and corporate customers primarily in Korea and, to a lesser extent, in select overseas markets. Shinhan Bank is the flagship subsidiary of Shinhan Financial Group, one of the leading financial holding companies in Korea with shares listed on the Korea Exchange and the New York Stock Exchange.  The Simpson Thacher team for the transaction included Jin Hyuk Park (Picture), Iksoo Kim and Joongwon Park (Corporate – Seoul); Rob Holo and Jacqueline Clinton (Tax); Mark Chorazak (Regulatory); Jeanne M. Annarumma (ERISA); and Jennie Getsin (Blue Sky). Involved fees earner: Jin Hyuk Park - Simpson Thacher & Bartlett; Iksoo Kim - Simpson Thacher & Bartlett; Joongwon Park - Simpson Thacher & Bartlett; Robert Holo - Simpson Thacher & Bartlett; Jacqueline Clinton - Simpson Thacher & Bartlett; Jennie Getsin - Simpson Thacher & Bartlett; Jeanne Annarumma - Simpson Thacher & Bartlett; Mark Chorazak - Simpson Thacher & Bartlett;

LATEST ISSUE
Powered by Share Trading

POPULAR ARTICLES
LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION

09/05/2018

LE FONTI AWARDS - AWARDING WORLDWIDE CORPORATE EXCELLENCE IN INNOVATION Read about le

LE FONTI AWARDS 2018 CELEBRATES CORPORATE EXCELLENCES IN HONG KONG

29/03/2018

On March 23rd 2018, the world’s leading corporate stars reunited for a special

LE FONTI AWARDS 2017 CELEBRATES CORPORATE EXCELLENCES IN DUBAI

14/12/2017

On December 14th, 2017, the world’s leading corporate stars reunited for a spec

LE FONTI AWARDS 2017 CELEBRATE CORPORATE EXCELLENCES IN LONDON

23/10/2017

On October 20th, 2017, the world’s leading corporate stars reunited for a speci

Le Fonti IAIR Awards Take Hong Kong By Storm

21/03/2017

Hong Kong has become a city of bright expansion, culture, and futuristic innovation. Fr