Asian debt capital markets are set for a busy second quarter, with Shinhan Bank and Pakistan among the potential issuers already looking to take advantage of the still-low interest rate environment while they can.
Shinhan Bank is issuing a dollar-denominated three-year floating rate note, the first from a Korean financial institution in more than three weeks and the second one to issue in the offshore market this year after Kookmin Bank. The transaction with an initial price guidance of three-month Libor plus 80bp is expected to price on Tuesday during New York hours, according to a term sheet seen by FinanceAsia.
In addition to Shinhan...
¬ Haymarket Media Limited. All rights reserved.
