(April 30, 2014) - Paul Hastings, a leading global law firm, announced today that it represented the joint bookrunners in a US$340 million global depositary receipts (“GDRs”) offering by Hanwha Chemical Corporation, a leading global chemicals company based in Korea that specializes in chemical products and materials for use in the solar power industry. The GDRs will be listed on the Singapore Stock Exchange and the underlying common shares will be listed on the Korea Exchange.
This transaction, and our role advising the joint bookrunners on the Industrial Bank of Korea’s recent US$298.4 million GDR offering, marks the first two international equity offerings from Korea in 2014.
The Paul Hastings team was led by capital markets partner Dong Chul Kim
, with support from associates Steve Kang
and Young Hwan Ryu
. Paul Hastings is a leading global law firm with a strong presence throughout Asia, Europe, Latin America, and the United States. Through a collaborative approach, entrepreneurial spirit, and commitment to client service, the professionals of Paul Hastings deliver innovative solutions to many of the world’s top financial institutions and Fortune 500 companies.