Kookmin Bank in $500 Million Notes Offering

August 1, 2016

Cleary Gottlieb represented Kookmin Bank in its Rule 144A/Regulation S offering of $500 million 1.625 percent senior notes due 2019 under its $8 billion global medium term note programme. BofA Merrill Lynch, Crédit Agricole CIB, HSBC and Mizuho Securities were the joint bookrunners for the offering. The notes were listed on the Singapore Exchange. The offering priced on July 25 and closed on August 1.

Kookmin Bank is the flagship bank of KB Financial Group, one of the largest financial holding companies in Korea, whose shares are listed on the NYSE.