Daishin Securities in $129 Million GDR Offering
November 2, 2007
Cleary Gottlieb represented Daishin Securities Co., Ltd. in a $129 million Rule 144A/Reg S offering of global depositary shares (GDSs) representing preferred shares of Daishin Securities. The GDSs are listed on the Professional Securities Market of the London Stock Exchange. Credit Suisse acted as the sole bookrunner for the offering, which closed on November 2.
Daishin Securities is a leading securities company in Korea, offering securities brokerage, financing, wealth management and investment banking services to a diversified client base.