CJ HelloVision in IPO

November 9, 2012

Cleary Gottlieb represented CJ HelloVision Co., Ltd. and the selling shareholders in CJ HelloVision’s Won 293 billion (approximately $267 million) IPO of common shares. J.P. Morgan, Daewoo Securities and HI Investment & Securities served as joint global coordinators and joint bookrunners and IBK Securities served as co-lead manager. The shares were sold through a public offering in Korea and a Rule 144A/Reg. S offering elsewhere. The deal priced on October 29 and closed on November 5. The shares began trading on the KRX KOSPI Market of the Korea Exchange on November 9.

CJ HelloVision is the largest provider of cable television services in Korea.