The Firm was recognized in the “Equity Market Deal of the Year” and “IPO Deal of the Year” categories at the Asian Legal Business Korea Law Awards 2022 for representing the underwriters in connection with the initial public offering of LG Energy Solution on the KRX KOSPI Market. The offering was the largest public offering in South Korea of the year and raised Korean Won 12.75 trillion (approximately US$11 billion) for the issuer and the selling shareholder, LG Chem, Ltd. Morgan Stanley & Co. International PLC Seoul Branch, KB Securities Co., Ltd., Citigroup Global Market Korea Securities Ltd., Goldman Sachs (Asia) L.L.C. Seoul Branch, Merrill Lynch International, LLC, Seoul Branch, Daishin Securities Co., Ltd. and Shinhan Investment Corp. acted as underwriters for the offering.
LG Energy Solution is one of the world’s largest producers of rechargeable lithium-ion batteries in terms of production capacity. LG Energy Solution offers a wide array of battery products for use in electric vehicles, mobility and IT devices and energy storage systems and has robust global network that spans the US, Europe and Asia.
The ALB Korea Law Awards series, now in its tenth year, recognizes outstanding work done by private practitioners and in-house teams across Korea and throughout the region. To view the full list of winners, please click here.