Tuesday, May 1, 2007

Shinhan Card Hires Four Banks to Sell $400 Million of Bonds, E-mail Shows

(Bloomberg) -- Shinhan Card Co., a credit card unit of South Korea's second-largest financial-services company, hired four banks to sell $400 million of bonds, according to an e-mail sent to investors.

Shinhan Card engaged ABN Amro Holding NV, Bank of America Corp., BNP Paribas SA and Goldman Sachs Group Inc. to sell the five-year securities, according to the e-mail. Shinhan will meet investors in Asia and Europe next week for the sale of the senior unsecured notes, the e-mail shows.


Read more at Bloomberg Emerging Markets News

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