Hong Kong (July 6, 2011)
Paul, Hastings, Janofsky & Walker, a leading global law firm, announced today that it has advised the joint bookrunners in Lotte Shoppings US$900 million dual-currency convertible bond. Lotte Shopping is one of South Koreas biggest retailers and a market leader in both department stores and discount stores.
The deal consisted of US$500 million of dollar-denominated bonds and US$400 million of yen-denominated bonds, both with a five-year maturity and a three-year put.
The Paul Hastings team was led by partners Daniel Kim
, David Grimm
and Christian Parker
with support from Dongho Lee
and Steve Kang
. Paul, Hastings, Janofsky & Walker LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.