Business Context and Reporting Period
This Form 6-K filing by Shinhan Financial Group Co., Ltd. covers the month of December 2004. The report details a specific capital market transaction executed by Shinhan Bank, a major banking subsidiary of the Group.
Key Financial Metrics and Transaction Details
The filing does not provide consolidated revenue, profit, cash flow, or margin data for the period. Instead, it focuses on a specific debt issuance:
- Instrument: European Callable Euro Medium Term Notes (EMTN).
- Principal Amount: USD 50,000,000.
- Issuer: Shinhan Bank.
- Dealer: BNP Paribas.
- Coupon Rate: USD 6-month LIBOR plus 32 basis points.
- Issue Price: 100.00%.
- Upfront Fees: 0.06%.
- Maturity Date: December 8, 2007.
Material Changes
The filing does not report material changes to operating results or financial position compared to prior periods. The primary event is the decision to issue new debt instruments to raise capital.
Guidance, Outlook, and Risks
The document contains no forward-looking guidance, management commentary on future performance, or discussion of general risks and contingencies. The transaction is presented as a standard financing activity with a fixed maturity of three years.
Investor Verification Checklist
- Verify the final settlement of the USD 50 million note issuance on December 8, 2004.
- Confirm the actual coupon rate paid based on the 6-month LIBOR rate at the time of issuance.
- Review subsequent filings to determine if the callable feature was exercised prior to the December 2007 maturity.
- Check if this issuance was part of a larger syndicated loan or bond program not fully detailed in this specific 6-K.