Cleary Gottlieb represented BofA Merrill Lynch, Citi, J.P. Morgan, The Royal Bank of Scotland and Hana Daetoo Investment Bank as joint lead managers in a Rule 144A and Reg. S offering by Hana Bank of $500 million of 4.5% notes due 2015 under Hana Bank’s $6 billion Global Medium Term Note Program. The closing took place on April 30, 2010.
Hana Bank is the fourth-largest commercial bank in Korea based on total deposits and assets. Founded in June 1971 as Korea’s first short-term finance and investment company, Hana Bank provides a wide range of products and services to its customers, which include large corporations, small- and medium-sized enterprises and individuals.
