SK Innovation’s $500 Million Offering

July 13, 2018

Cleary Gottlieb represented Crédit Agricole CIB, J.P. Morgan, and Merrill Lynch International as joint bookrunners and joint lead managers in a Reg. S offering by SK Innovation Co., Ltd. of $500 million 4.125 percent notes due 2023.

The notes were listed on the Singapore Exchange. The offering priced on July 9, 2018, and closed on July 13, 2018.

SK Innovation was established in 1962, as Korea’s first oil refiner. SK Innovation is the leading energy company in Korea and it manufactures, markets, and sells a diversified portfolio of petroleum, petrochemical, base oil, and lubricant products through its subsidiaries.