South Korea's Shinhan Bank has taken its first step into the euro bond market, raising €500m of green funding on the back of €650m of demand.
Shinhan Bank announced the sale of a five year senior bond in green format on Tuesday morning, with the deal expected to rated at Aa3/A+/A.
The South Korean bank, one of the country’s big four, chose BNP Paribas
, Crédit Agricole
, Credit Suisse