Samsung Electronics' shareholder Shinhan Bank launches $2.1 billion share sale - term sheet

Shinhan Bank launched a sale of about $2.1 billion of Samsung Electronics shares, according to a term sheet seen by Reuters. The sizable block offering could add supply pressure and near-term volatility to Samsung's stock, likely impacting the individual equity price but not broader markets.

Analysis

Shinhan Bank launched a sale of about $2.1 billion of Samsung Electronics shares, according to a term sheet seen by Reuters. The sizable block offering could add supply pressure and near-term volatility to Samsung's stock, likely impacting the individual equity price but not broader markets.