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K Car Debuts in US$283 Million IPO on the Korea Exchange

October 13, 2021

Seoul – Paul Hastings LLP, a leading global law firm, announced today that the firm has represented Goldman Sachs and NH Investment & Securities as joint bookrunners in the US$283 million (KRW 337 billion) global offering and listing of K Car Co., Ltd. on the Korea Exchange.

K Car is the leading retailer of used cars in South Korea selling various vehicles through its online platform and trading centers.

Paul Hastings’ leading Korea practice has advised on several landmark capital markets transactions in 2021, including Krafton’s US$3.8 billion IPOKakaoBank’s US$2.2 billion IPOSK ie technology’s US$2 billion IPO, and Hyundai Heavy Industries’ US$923 million IPO.

The Paul Hastings team was led by corporate partner Dong Chul Kim, with support from associate Eun Ju Lee and corporate attorney David Park.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.

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