Simpson Thacher Represents Initial Purchasers in US$300 Million Debt Offering by Korea Southern Power
02.05.13
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Simpson Thacher represented Barclays Bank PLC, Citigroup Global Markets Limited, Deutsche Bank AG, Singapore Branch and The Royal Bank of Scotland, as initial purchasers, in connection with the offering of US$300 million 1.875% Notes due 2018 by Korea Southern Power Co., Ltd. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended.
Korea Southern Power is one of six wholly-owned regional electricity generation subsidiaries of Korea Electric Power Corporation, a government-controlled electricity company in Korea.
The Simpson Thacher team for the transaction included Jin Hyuk Park, Johneth Chongseo Park and Iksoo Kim. International associate Jung-Soo Lee also provided valuable assistance.