UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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Shinhan Financial Group ——————————————————————————————————— |
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| (Translation of registrant’s name into English) | ||||
| 120, 2-Ga, Taepyung-Ro, Jung-Gu, Seoul 100-102, Korea | ||||
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——————————————————————————————————— (Address of principal executive office) |
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| Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F: [x] Form 20-F [ ] Form 40-F | ||||
| Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): [ ] | ||||
| Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): [ ] | ||||
| Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934: [ ] Yes [x] No | ||||
| If "Yes" is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): n/a |
FINAL TERMS AND CONDITIONS OF USD 350 MILLION SUBORDINATED NOTES ISSUED BY
SHINHAN BANK
On July 6, 2005, we reported that Shinhan Bank, one of our major banking
subsidiaries, decided to issue Subordinated Notes (the “Notes”) in the
principal amount of USD 350,000,000. The following is the final terms and
conditions of the Notes issuance.
1. Issuer : Shinhan Bank
2. Notes to be Offered : Subordinated Notes due 2015 in an aggregate principal
amount of US$350 million
3. The Offering: : The Notes will be offered outside the United States in
reliance on Regulation S under the U.S. Securities
Act of 1933, as amended.
4. Settlement Date : July 15, 2005
5. Maturity : 10 years
6. Call Option : Upon exercise, the Notes will be redeemed at par
beginning on July 15, 2010
7. Coupon to call date : 5.125%, payable semiannually
8. Coupon after call date : then current 5 year UST plus 198 bps,
payable semiannually
9. Issue Price : 99.80%
10. Listing : Singapore Stock Exchange
| Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. |
| Shinhan Financial Group | ||
| Date: July 11, 2005 | By: |
/s/ Byung Jae Cho |
| Name: | Byung Jae Cho | |
| Title: | Chief Executive Officer | |