GS Caltex Corporation in $400 Million Notes Offering

Cleary Gottlieb represented Citigroup, Goldman Sachs and Merrill Lynch as joint bookrunners and joint lead managers in a Rule 144A/Reg S offering by GS Caltex Corporation of $400 million 3.25% notes due 2018. The notes were listed on the Singapore Exchange. The offering priced on September 23 and closed on October 1.

GS Caltex, a joint venture between the GS Group of Korea and Chevron, is one of the largest petroleum refining companies in Korea, as well as a leading producer of certain petrochemical products.