Shinhan Bank Co Ltd
Indicative
Full Lot
Indicative price as of 05 Oct 2026, 4:00pm
Bond Issuer
Shinhan Bank Co Ltd
Guarantor
-
Announcement Date
23 Aug 2018
Issue Date
30 Aug 2018
Maturity Date
30 Aug 2028
Years to Maturity / Next Call
1.902 / -
Modified Duration
1.771 @ 02 Oct 2026
Issue / Reoffer Price
100.000
Issue / Reoffer Yield
5.000
Coupon Type
Fixed
Annual Coupon Rate
5.000
Coupon Frequency
Semi Annually
Seniority
Subordinated
Capital Structure
Tier 2
Reference Rate
-
ISIN
AU3CB0256113
CUSIP
AU1665499
Bond Currency
AUD
Total Issue Size
400,000,000
Min. Investment Quantity (Nominal)
AUD 10,000
Incremental Quantity (Nominal)
AUD 10,000
Bond Type
Corporate
Bond Sector
Financials
Bond Sub Sector
Banks
Issuer Credit Rating (S&P/ Fitch)
***/ A
Bond Credit Rating (S&P/ Fitch)
***/ BBB+
Shariah Compliant
No
Exchange Listed
Others
Loss Absorption upon a Trigger Event in respect of Subordinated Debt Instruments
With respect to any Subordinated Debt Instruments, effective as of third Korean Business Day from the occurrence of a Trigger Event, each Debt Instrument, including the then outstanding principal amount thereof and any accrued but unpaid interest thereon, shall be irrevocably cancelled in whole, without the need for the consent of the holders of the Subordinated Debt Instruments (such cancellation being referred to herein as a “Write-off”, and “Written-off” shall be construed accordingly). Once the principal amount of, and any accrued but unpaid interest under, the Subordinated Debt Instruments have been Written-off, such amounts will not be restored in any circumstances, including where the relevant Trigger Event ceases to continue.
The Issuer shall provide a Trigger Event Notice to the holders of the Subordinated Debt Instruments, but the Write-off shall be effective irrespective of whether the Issuer has provided such Trigger Event Notice. For the avoidance of doubt, any Write-off pursuant to this Condition 12 will not constitute an Event of Default under the Debt Instruments.
Cash Flow Information
