Leading Korean Telecom in $200 Million Notes Offering
April 11, 2007
Cleary Gottlieb was counsel in a Regulation S offering by KT Corporation of $200 million 5.125% notes due 2012, which closed on April 11. KT Corporation is the leading telecommunications service provider in Korea; its integrated services include fixed-line telephone, broadband Internet and mobile telecommunications services.
Citigroup and Goldman Sachs International were joint lead managers and joint bookrunners for the offering of the notes, which were listed on the Singapore Stock Exchange.