Hall Of Fame

Capital markets: foreign firms in South Korea

Cleary Gottlieb Steen & Hamilton

Cleary Gottlieb Steen & Hamilton boasts broad capital markets expertise, with a particularly strong reputation for its ‘high-profile track record in DCM matters’. With considerable experience representing issuers and underwriters on debt and equity offerings, private placements, and IPOs, Jinduk Han leads the team- recent highlights for him include representing leading collaborative robotics manufacturer Doosan Robotics in relation to its $318m IPO. Insoo Park, also leading in that case, stands out generally for his experience advising on debt offerings, IPOs, and SEC reporting, and was promoted to partner in January 2024. Jay Hoon Choi regularly advises both issuers and underwriters in relation to equity, debt, equity-linked, and hybrid securities offerings. Anne Saehee Kim focuses on SEC-registered and private debt offerings, as well as advising clients on SEC reporting.

Praxisleiter:

Jinduk Han


Weitere Kernanwälte:

Anne Saehee Kim; Insoo Park; Jay Hoon Choi


Referenzen

‘Jinduk Han is a top lawyer with one of the longest-standing reputations in the DCM industry.’

‘Cleary’s high-profile track record in DCM matters and trusted client relationships are unmatched by other law firms. When faced with a difficult situation or an unexplored issue, clients rely on Cleary’s experience-based advice.’

Kernmandanten

Doosan Group companies


The Export-Import Bank of Korea


Kakao Corp


KB Financial Group companies


The Korea Development Bank


Korea National Oil Corporation


LG Group Companies


NAVER


POSCO


Republic of Korea


Samsung Group companies


SK Group companies


Woori Financial Group companies


Highlight-Mandate


  • Represented Doosan Robotics in its $318 million IPO.
  • Represented LG Energy Solution in its $1 billion Reg S/Rule 144A dual tranche green bond offering – its inaugural international debt offering.
  • Represented POSCO in its $500 million Rule 144A/Regulation S green notes offering.

Linklaters

Linklaters covers the full range of capital markets matters, with particular expertise in deals involving covered bonds and equity-linked products, such as convertible bonds and exchangeable bonds. With considerable experience advising issuers and underwriters on cross-border private placements and public offerings, Daniel Kwon heads the team, noted especially for his experience handling covered bond issuances as well as US-registered shelf-takedowns. Managing associate Jun Park’s varied expertise covers equity-linked bonds, covered bonds, and IPOs. Associates Hak Tae Kim and Danny Na also play key roles in the team.

Praxisleiter:

Daniel Kwon


Weitere Kernanwälte:

Jun Park; Hak Tae Kim; Danny Na


Kernmandanten

The Hongkong and Shanghai Banking Corporation Limited


Citigroup Global Markets Limited


Merrill Lynch International


BNP Paribas


Crédit Agricole


Simpson Thacher & Bartlett Hong Kong

Simpson Thacher & Bartlett Hong Kong's Hong Kong-based team has a strong track record in capital markets work, with experience covering IPOs, covered bonds, and GMTNs, among other areas. Practice head Jin Hyuk Park has great experience handling IPOs and private placements, particularly in the manufacturing, banking, insurance, telecoms, and energy sectors. He is well known for advising on debt offerings by state-owned enterprises and major financial institutions. Joongwon Park’s varied practice sees him represent issuers and underwriters on registered and unregistered debt and equity securities offerings, IPOs, and private placements. William Wooseong Son is also noted for his contribution to the practice.

Praxisleiter:

Jin Hyuk Park


Weitere Kernanwälte:

Joongwon Park; William Wooseong Son


Referenzen

‘Joongwon Park is a highly diligent professional who consistently exceeds expectations by providing solutions that our internal legal team recognises and respects. He offers options to ensure we make the most appropriate decisions.’

‘William Wooseong Son devotes considerable effort to ensuring the completeness of our 20-F filings, enhancing the integrity of our submissions. His prompt and sincere responsiveness to client requests is consistently praised.’

‘Entering the U.S. capital market as a foreign company presents significant challenges, primarily centered around ensuring compliance with U.S. local regulations and laws, as well as adapting to newly proposed legislation. Simpson Thacher is overwhelming competitive in this regard in the Asian market. This is because their U.S. headquarters and Hong Kong office are strategically positioned to provide 24/7 legal services through close collaboration. Moreover, their attorneys possess diverse backgrounds and experience, adeptly meeting the demands of various clients. Particularly notable are the numerous attorneys highly versed in the Asian market, enabling them to offer a wide range of solutions not only concerning U.S. legal matters but also potential issues that may arise.’

Kernmandanten

Bank of America Merrill Lynch


BNP Paribas


Citigroup Global Markets Inc


Crédit Agricole CIB


Credit Suisse


Goldman Sachs


J.P. Morgan


Korea Electric Power Corporation


Korea Expressway Corporation


Mizuho


Morgan Stanley


Nomura


Shinhan Financial Group


Shinhan Bank


SK Biopharmaceuticals Co., Ltd.


SK Inc.


Société Générale


Standard Chartered Bank


The Hongkong and Shanghai Banking Corporation Limited


Highlight-Mandate


  • Advised joint lead managers in relation to Korea Electric Power Corporation’s US$1.2 billion green bonds offering.
  • Advised dealers and joint lead managers in relation to Korea Electric Power Corporation’s US$11 billion GMTN programme update and $1 billion sustainability bonds offering.
  • Advised dealer and joint managers in relation to Shinhan Bank’s EUR500 million green mortgage covered bonds offering under its US$5 billion global covered bond programme.

Greenberg Traurig LLP

Benefitting from a strong regional and international network, Greenberg Traurig LLP has a reputation as a ‘market leader in the APAC capital markets space’, with the team in Seoul praised especially for its ‘strong capabilities in DCM matters’ as evidenced in ‘large and complex transactions‘. The group, led by Eun Sang Hwang, represents issuers and underwriters in relation to registered and unregistered securities offerings by US and foreign private issuers both on a standalone basis and pursuant to a medium-term note program.

Praxisleiter:

Eun Sang Hwang


Referenzen

‘The firm is a market leader in the APAC capital markets space. Their strong capabilities in DCM matters make them a fantastic choice for large and complex transactions. We look forward to working with their team, both when they are representing underwriters and issuers in DCM transactions. With an extensive network of lawyers in the APAC region, their high level of expertise and collaborative culture help to pioneer new and innovative solutions in the DCM space. Eun Sang Hwang is a top recommended lawyer.’

‘GT offers proactive, business-savvy advice. The team’s ability to anticipate challenges and propose innovative solutions is highly valued. They also offer exceptional client service, communicating effectively, responding promptly, and building strong relationships. Their ability to navigate grey areas and provide practical solutions is also highly valued.’

Kernmandanten

SK On


SK Battery America


Hanwha Life Insurance


DoubleDown Interactive


STIC Special Situation Diamond Ltd.


Kolon Tissuegene


NeoImmuneTech


Korea Railroad Corporation


Korea Land & Housing Corporation


Korea National Oil Corporation


The Korea Development Bank


BNP PARIBAS


Citigroup


Crédit Agricole CIB


HSBC


Standard Chartered Bank


UBS


Highlight-Mandate


  • Represented SK Battery America, Inc. in its Reg. S offering of US$500 million 4.875% Guaranteed Senior Unsecured Green Notes due 2027, which were unconditionally and irrevocably guaranteed by Kookmin Bank.
  • Represented BNP Paribas (Suisse) SA as lead manager in a Reg. S offering of CHF250 million 2.0275% “Green Bond” notes due 2025 by Korea Railroad Corporation (“KORAIL”)under its USD2 billion Global Medium Term Note Program.
  • Represented BNP PARIBAS, Citigroup, Crédit Agricole CIB, HSBC and Standard Chartered Bank as joint lead managers in a Reg. S offering of USD700 million 5.75% “Social Bond” notes due 2025 by Korea Land & Housing Corporation (“LH”) under its USD5 billion Global Medium Term Note Program.

Tiang & Partners

Hong Kong law firm Tiang & Partners is active in the Korean capital markets space, with team members regularly advising major international clients. Practice head Michelle Taylor has a particularly strong presence in the Asian securitisation market, often leading on major mandates with a significant South Korea focus. Kevin Tsang advises on debt capital markets transactions in the auto, aviation, consumer credit, financial services, and real estate sectors, while David Law is strong on securitisations, with investor, lender, and borrower clients, among others.

Praxisleiter:

Michelle Taylor


Weitere Kernanwälte:

David Law; Kevin Tsang