SK hynix in $500 Million Offering
September 17, 2019
Cleary Gottlieb represented SK hynix Inc. (SK hynix) in its Reg. S offering of $500 million 3% notes due 2024.
The notes were listed on the Singapore Exchange. The offering priced on September 10, 2019, and closed on September 17, 2019. BNP Paribas, Citigroup, and Credit Suisse were the joint bookrunners.
SK hynix is one of the world’s largest memory semiconductor companies and engages in the design, manufacture, and sale of advanced memory semiconductors. In the dynamic random access memory market, it is ranked number two globally based on revenue, with a market share of 29.5% in 2018.