Shinhan

Strong reception as Korea's most profitable bank launches its first Basel III bond.

KDIC sells its remaining stake in Kepco on the back of a surge in the share price to raise $260 million, while another government entity sells $322 million worth of shares in Daewoo Shipbuilding.

A delay in allocating the shares triggers some initial confusion, but the deal eventually comes together and Kepco’s share price closes 1.2% above the placement price.

Korea's number one life insurer sets the price towards the top end of the range at W110,000 per share, representing a relatively modest 12% premium to main rival Korea Life Insurance.

KoreaÆs second biggest commercial bank attracts strong demand for its three-year deal, despite turbulent credit markets.

Dollar bond issues by Hana Bank and Industrial Bank of Korea are likely to take advantage of government-issued foreign currency payment guarantees.

Korea's biggest bank suffers its first quarterly loss in four years as bad loans surge.

The Korean lender says the capital raising is pre-emptive, but denies suffering from liquidity or financial problems.

The Korean bank prices at the wide end of guidance, but doubles the size of the fixed and floating deal to A$400 million.