The three-year, dollar-denominated bonds were sold to institutional investors in Asia, the United States and Europe. Proceeds from the issuance will be used to provide financing at competitive rates for Korean companies competing in overseas markets, according to an Eximbank statement.
Hong Kong partner Jinduk Han led the transaction for Cleary, which advised Eximbank on U.S. law.
Shin & Kim Seoul partner Sunkyung Shin acted as Korean counsel for the issuer.
Underwriters Deutsche Bank AG, Goldman Sachs International, J.P. Morgan Securities, Morgan Stanley & Co. International Plc., UBS AG, Daewoo Securities Co. Ltd., and U.S. Bancorp Investments Inc. were represented by
Davis Polk & Wardwell Hong Kong partner Eugene Gregor.
As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters.
Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss.
Tailored just for you. In your inbox. Every day.