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Simpson Thacher Represents Initial Purchasers in US$300 Million Debt Offering by Korea Water Resources Corporation

10.23.14

Simpson Thacher represented BNP Paribas, Hong Kong Branch, Deutsche Bank AG, Singapore Branch, Goldman Sachs International, Morgan Stanley & Co. International plc and Standard Chartered Bank, as initial purchasers, in connection with the offering of US$300 million 2.00% Notes due April 16, 2018 by Korea Water Resources Corporation. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended.

Korea Water Resources Corporation is a government-owned statutory corporation engaged in the development and management of water resources in Korea. 

The Simpson Thacher team for the transaction included Youngjin Sohn and Iksoo Kim (Corporate).