Simpson Thacher acted as sole international counsel in connection with the update of the US$8 billion global medium term notes program and the offering of US$300 million 2.75% Notes due 2019 by NongHyup Bank. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.
NongHyup Bank is one of the leading commercial banks in Korea. Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, Singapore Branch, The Hongkong and Shanghai Banking Corporation Limited, Merrill Lynch International, Mizuho Securities USA Inc., Standard Chartered Bank were Joint Bookrunners and Joint Lead Managers and Woori Investment & Securities Co., Ltd. was Joint Lead Manager for the offering.
The Simpson Thacher team included Youngjin Sohn, Johneth C. Park, John Hahn (Corporate); and Jodi Sackel (Tax).
Source: www.stblaw.com
