UPDATE: 4/27/2012, 11.20 a.m. The size of Chalco’s investment in Winsway has been updated with a more accurate figure.
Korea
Korean law firm Yoon & Yang is advising the Industrial Bank of Korea on the establishment of an $8 billion debt program. The deal will allow the state-owned bank to issue global medium-term notes on the Singapore Exchange to raise funds for general corporate purposes. Partner Kwon Hoe Kim of Yoon & Yang is providing counsel to the issuer. The deal’s 12 underwriters, led by Deutsche Bank A.G., have turned to Cleary Gottlieb Steen & Hamilton partner Jinduk Han in Hong Kong. Partner Marilyn See is leading a team from Singapore law firm Shook Lin & Bok, which is acting as listing agent for the deal. [Read full story]
