Paul Hastings Advises Joint Bookrunners on Hanwha Chemical Corporation’s US$340 Million GDR Offering
Seoul (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.
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