left-caret
News

News

KakaoBank Debuts in US$2.2 Billion IPO and Listing on the Korea Exchange

August 06, 2021

Seoul – Paul Hastings LLP, a leading global law firm, announced today that it has advised KakaoBank Corp. on its US$2.2 billion IPO on the Korea Exchange. Credit Suisse and KB Investment & Securities acted as the joint global coordinators and joint bookrunners, with Citigroup acting as a joint bookrunner.

KakaoBank, the leading mobile-only bank and fintech platform in Korea, is a member company of the Kakao Group, Korea’s leading internet conglomerate. 

Paul Hastings’ leading Korea practice has advised on several landmark capital markets transactions in recent years, including SK ie technology’s US$2 billion Korea IPO, Hana Bank’s issuance of US$600 million sustainability notes, Hanwha Systems’ US$345 million Korea IPO, Kakao Corp.’s US$1 billion GDR offering, and ING Life Insurance Korea’s US$977 million IPO.  

The Paul Hastings team was led by corporate partner Iksoo Kim, with support from associate Sye Myung Kim, corporate attorney David Park and paralegal Margaret Lee.

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.

Practice Areas


SIGN UP FOR NEWS INSIGHTS

MEDIA CONTACTS

Firmwide Inquiries
Arielle Lapiano
Submission Requests
Alan Wright
Corporate, Litigation, Real Estate, and Tax
Scott Wasserman
Intellectual Property, Life Sciences, and Employment
Becca Hatton
Europe
Rostrum