NEW YORK – July 24, 2023 – Global law firm Greenberg Traurig,LLP represented UBS, as sole lead manager, in a Reg. S offering of CHF 200 million 2.2225% notes due 2026 by The Korea Development Bank (KDB) under its US$30 billion Global Medium Term Note Programme. The offering priced July 3 and closed July 24. The notes were listed on the SIX Swiss Exchange.
KDB is a leading policy bank of the Korean government providing financing to companies and projects designed to assist Korea’s economic growth and development. KDB was established as a statutory juridical entity in 1954 and is wholly owned by the Korean government.
The transaction was led by Shareholder Eun Sang Hwang in the firm’s Seoul office. Shareholder Dorothee Fischer-Appelt, based in the firm’s London office, advised on English law matters.