폴 헤이스팅스, 한국해양진흥공사의 미화 3억 달러 규모 Senior Unsecured Blue Notes 발행에 대해 공동 주간사단 자문

Paul Hastings LLP acted as sole international counsel to the joint lead managers in connection with Korea Ocean Business Corporation’s (KOBC’s) issuance of US$300 million 4.625% senior unsecured blue notes due 2030 under its US$5 billion Medium Term Note Program. The transaction closed on May 9, 2025. The offering was conducted in reliance on Regulation S of the U.S. Securities Act of 1933, as amended, and the notes were listed on the Singapore Exchange Securities Trading Limited. 

Citigroup Global Markets Limited, Deutsche Bank AG (Hong Kong Branch), ING Bank N.V. (Singapore Branch), The Korea Development Bank, Société Générale and UBS AG (Hong Kong Branch) acted as joint lead managers.

Paul Hastings also assisted KOBC and dealers with the update of its US$5 billion Medium Term Note Program, which was completed on April 11, 2025.

KOBC is a statutory juridical corporation established under the Korea Ocean Business Corporation Act of the Republic of Korea and acts as the flagship government-owned policy finance institution for domestic shipping companies. KOBC is vested with the unique mandate to provide a stable source of funding to Korean shipping companies and makes various forms of investment to promote the overall growth and stability of the maritime transport industry.

Corporate partner Iksoo Kim led the Paul Hastings team, which also included associate Sye Myung Kim and corporate attorney David Park.

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