Doosan Infracore in $400 Million GDR Offering

December 12, 2013

Cleary Gottlieb represented Doosan Infracore Co., Ltd. in a $400 million Rule 144A/Reg S offering of global depositary shares. The GDSs are listed on the Singapore Stock Exchange. HSBC, J.P. Morgan, Morgan Stanley and UBS acted as the joint global coordinators and bookrunners for the offering, which closed on December 12, 2013.

Doosan Infracore is Korea’s largest manufacturer of construction equipment and machinery and among the top ten construction equipment manufacturers in the world.