Kookmin Bank in $500 Million Notes Offering

July 14, 2014

Cleary Gottlieb represented Barclays, BNP PARIBAS, BofA Merrill Lynch, Citigroup and Standard Chartered Bank as the joint bookrunners and lead managers and KDB Daewoo Securities as a co-manager in a Rule 144A/Reg S offering by Kookmin Bank of $500 million 1.625% senior notes due 2017 under its $8 billion Global Medium Term Note Programme. The notes were listed on the Singapore Exchange. The offering priced on July 7 and closed on July 14.

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