Korea Finance Corporation in $300 Million Notes Reopening

September 24, 2012

Cleary Gottlieb represented Korea Finance Corporation in its SEC-registered offering of $300 million 2.25% notes due 2017 in a takedown from its shelf registration statement under Schedule B. The transaction was a reopening of KoFC’s $500 million 2.25% notes due 2017 issued on August 7, 2012. The notes were listed on the Singapore Exchange. Citigroup, Credit Suisse and UBS were the joint bookrunners for the offering. The deal closed on September 24, 2012.

KoFC was established in October 2009 as a government-owned policy finance institution pursuant to the Korea Finance Corporation Act in order to strengthen national competitiveness, to promote job growth in Korea, and to contribute to the sound growth of the financial markets and the national economy of Korea.