Shinhan opens books for ¥30bn Samurai

03 Jul 2012

Shinhan Bank started marketing a ¥30bn ($37.6m) Samurai bond at the start of the week. The deal has already been covered once, and a funding official said that if the book kept increasing, the bank would consider increasing the size of the bond.

Shinhan is splitting the deal between two year and three year tranches and wants to price on Thursday, said a banker close to the transaction.

Bookrunners Bank of Tokyo-Mitsubishi UFJ, JPMorgan, Mizuho and the Royal Bank of Scotland are pitching the two year tranche at 93bp over ...

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