Simpson Thacher, acting as sole international counsel, represented UBS AG, Hong Kong Branch, as arranger and dealer and Barclays Bank PLC, BNP Paribas, Citigroup Global Markets Limited, Commerzbank Aktiengesellschaft, Crédit Agricole Corporate and Investment Bank, Hana Financial Investment Co., Ltd., The Hongkong and Shanghai Banking Corporation Limited, KEB Hana Global Finance Limited, Merrill Lynch International, Mizuho Securities Asia Limited as dealers, in connection with the update of the US$10 billion global medium term note program of KEB Hana Bank. In addition, Simpson Thacher, acting as sole international counsel, represented Australia and New Zealand Banking Group Limited, Citigroup Global Markets Limited, The Hongkong and Shanghai Banking Corporation Limited, KEB Hana Global Finance Limited, Merrill Lynch International, Nomura International plc, UBS AG, Hong Kong Branch, as joint lead managers and Hana Financial Investment Co., Ltd., as co-manager in connection with the offering of US$300 million 2.5 percent. Senior Unsecured Notes due 2021 by KEB Hana Bank under its US$10 billion global medium term note program. The offering was conducted in reliance upon Regulation S under the Securities Act of 1933, as amended.
KEB Hana Bank is the largest commercial bank in Korea in terms of total assets, born of the merger of Hana Bank with and into Korea Exchange Bank on September 1, 2015. KEB Hana Bank operates an extensive nationwide and overseas banking network and provides a full complement of banking and financial services to corporate and retail customers. KEB Hana Bank is a subsidiary of Hana Financial Group, Inc., one of the leading financial holding companies in Korea with shares listed on the Korea Exchange.
The Simpson Thacher team for the transaction included Jin-Hyuk Park, Iksoo Kim, John Hahn and You Rim (Yuri) Bak (Corporate); Michael Badain (Tax).