Indochina Bank Completes Private Placement of Secured Bonds to a Carlyle Fund
10.19.15
This is only gets display when printing
The Firm represented Indochina Bank Limited (“Indochina Bank”) in connection with its private placement of US$50 million secured bonds due 2020 to CASCOF Holdings, L.P., an affiliate of The Carlyle Group. The transaction was the first of its kind in the banking sector of the Lao People’s Democratic Republic (“Lao PDR”).
Indochina Bank is a leading commercial bank in the Lao PDR. An affiliate of the Kolao Group, whose principal operating subsidiary Kolao Developing Co., Ltd. is a leading automobile and motorcycle distributor in the Lao PDR, Indochina Bank offers a comprehensive range of financial products and services in most provinces of the Lao PDR, including personal, commercial and exclusive premier banking services.
The Simpson Thacher team included Jin Hyuk Park (Corporate – Hong Kong); and Iksoo Kim and Yuri Bak (Corporate).