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. The primary financial metric disclosed relates to a new debt issuance:
- Instrument: Floating Rate Notes
- Principal Amount: USD 50,000,000
- Issuer: Shinhan Bank
- Issue Price: 100.00%
- Interest Benchmark: 6-Month USD Libor
- Payment Frequency: Semiannual
Material Changes and Transaction Timeline
The filing announces a material change in the Group's debt structure through the issuance of new notes. Key dates include:
- Pricing Date: December 2, 2004
- Settlement Date: December 15, 2004
- Maturity Date: December 15, 2006
- First Coupon Payment: June 15, 2005
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, or discussion of general business risks. The document is strictly a disclosure of the terms and conditions for the specific note issuance. No unusual items or contingencies are mentioned beyond the standard terms of the debt instrument.
Investor Verification Checklist
- Verify the settlement of the USD 50 million note issuance on December 15, 2004.
- Confirm the impact of the new floating rate debt on Shinhan Bank's overall liquidity and leverage ratios.
- Monitor the 6-Month USD Libor rate to assess future interest expense obligations.
- Note that this filing does not contain full financial statements; refer to Form 20-F for comprehensive financial data.