Samsung Electronics in $1 Billion Guaranteed Notes Offering

April 10, 2012

Cleary Gottlieb represented Samsung Electronics and its wholly-owned subsidiary Samsung Electronics America in Samsung Electronics America’s Rule 144A/Regulation S offering of $1 billion of 1.75% notes due 2017 guaranteed by Samsung Electronics. The notes are listed on the Singapore Stock Exchange. The transaction, which was Samsung Electronics’ first offering in the international capital markets in 15 years, priced on April 2 and closed on April 10.

Samsung Electronics is a global leader in the electronics and information technology industries. It designs, manufactures and sells a wide range of consumer electronics products, mobile communications devices, information technology solutions and home appliances to retail and commercial customers, as well as semiconductor products, display panels, telecommunications systems and other high-technology components and systems to industrial customers around the world.