Simpson Thacher, acting as sole international counsel, represented BNP PARIBAS, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai Banking Corporation Limited, Mizuho Securities Asia Limited, Standard Chartered Bank, Shinhan Securities Co., Ltd., as dealers, in connection with the update of the US$5 billion Global Medium Term Note program of Shinhan Financial Group. In addition, Simpson Thacher, acting as sole international counsel, represented BNP PARIBAS, Citigroup Global Markets Inc., Crédit Agricole Corporate and Investment Bank, The Hongkong and Shanghai Banking Corporation Limited, Mizuho Securities Asia Limited, Standard Chartered Bank, Shinhan Securities Co., Ltd., as joint lead managers, in connection with the offering of US$500 million 4.500% Senior Unsecured Notes due 2030 by Shinhan Financial Group under its Global Medium Term Note program. The offering was conducted in reliance upon Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.
Shinhan Financial Group is one of the leading financial holding companies in Korea with principal operations in commercial banking, credit card services, securities brokerage and life insurance services and shares listed on the Korea Exchange and the New York Stock Exchange.
The Simpson Thacher team included Jin Hyuk Park, Joongwon Park and Chanik Park (Corporate – Hong Kong); Jonathan Cantor and Paul Jansch (Tax); Jeanne M. Annarumma (ERISA); and Jennie Getsin (Blue Sky).