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Published on 10/13/2004 in the Prospect News Emerging Markets Daily.

South Korea's Chohung Bank to offer U.S dollar-denominated bonds via Citigroup, UBS

By Reshmi Basu

New York, Oct. 13 - Chohung Bank plans to issue U.S. dollar-denominated bonds, according to a market source.

Citigroup and UBS Investment Bank have been given the mandates.

Proceeds will be used for refinancing.

Chohung Bank, based in Seoul, South Korea, is a unit of Shinhan Financial Group.


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