Paul Hastings Advises on Hana Bank’s Issuance of €600 Million Green Covered Bonds

Paul Hastings LLP acted as U.S. counsel to the joint lead managers in connection with Hana Bank’s issuance of €600 million 3.125% Green Covered Bonds due 2031 under its Global Covered Bond Programme on April 20, 2026. The offering was conducted in reliance on Regulation S of the U.S. Securities Act of 1933, as amended, and the covered bonds were dual-listed on the Singapore Exchange Securities Trading Limited and Frankfurt Stock Exchange.

Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Deutsche Bank AG, London Branch, The Hongkong and Shanghai Banking Corporation Limited, ING Bank N.V. and Mizuho International plc acted as the joint lead managers.

Paul Hastings also assisted Hana Bank and dealers with the update of Hana Bank’s $5 billion Global Covered Bond Programme, which was completed on April 6, 2026.

As the flagship commercial bank of Hana Financial Group, Hana Bank is a leading South Korean commercial bank engaged in a broad range of banking activities and services for individual, corporate and governmental customers.

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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