Paul Hastings Advises Korean Air Subsidiary on US$300 Million Bond Offering

November 05, 2014

Seoul (November 5, 2014) - Paul Hastings, a leading global law firm, announced today that the firm advised Hanjin International Corporation (“Hanjin”) on its issuance of the US$300 million floating rate notes (“notes”). The Reg S-registered notes were guaranteed by state-owned Export-Import Bank of Korea. BNP Paribas and HSBC were the joint bookrunners of the offering.

Hanjin is the U.S.-based subsidiary of Korean Air Lines Co., Ltd, the flagship airline of South Korea.  The proceeds from the offering will be used for the construction of a 70-story office and hotel tower developed by Hanjin in downtown Los Angeles.

The Paul Hastings team was led by capital markets partner

, with support from associates and . Partner and associate advised on U.S. tax matters.

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.



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