Cleary Gottlieb represented Crédit Agricole CIB, Deutsche Bank and HSBC as joint lead managers in a Regulation S offering by Daegu Bank of $300 million 2.25% notes due 2018. The offering priced on April 22 and closed on April 29.
Daegu Bank is the flagship bank of DGB Financial Group and a full service regional commercial bank serving primarily the Daegu metropolitan area and Gyeongbuk Province in the southeastern region of Korea, where it has the largest market share.
