# Shinhan Bank seeks to raise $2.1 billion by selling shares in the electronics giant.

*business · news · 2026-04-09 · MarketScreener*

## Key points

- Shinhan Bank is selling 15 million Samsung Electronics shares to raise $2.1 billion.
- The shares are priced at a 2.5% discount to Samsung's April 8 closing price.
- The conversion price for the deal is set at 1,478 won per U.S. dollar.
- BofA Securities, JPMorgan, Citi, UBS, and Shinhan Securities are joint bookrunners for the sale.

**Companies:** Samsung Electronics, Shinhan Bank, BofA Securities, JPMorgan, Citi, UBS, Shinhan Securities
**Countries:** South Korea, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/shinhan-bank-to-raise-2-1-billion-via-sale-of-samsung-electronics-shares-ce7e50dbdd8df521)

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