GS Engineering & Construction issues $150M Convertible Bonds

July 29, 2016

Seoul - Paul Hastings, a leading global law firm, announced today that the firm represented GS Engineering & Construction Corp. (“GS E&C”) in its issuance of US$150 million convertible bonds due 2021, with HSBC acting as the sole underwriter, which closed on July 21. The bonds were listed on the Singapore Exchange.

GS E&C is one of the largest construction companies in Korea, primarily engaged in the construction of residential, architectural and civil works, as well as industrial plants and power generation facilities globally. Its common stock is listed on the Korea Exchange.

This issuance was the first international securities offering by a Korean construction company this year.

The Paul Hastings team was led by capital markets partner Dong Chul Kim, with support from associate Nicholas Ahn.

At Paul Hastings, our purpose is clear — to help our clients and people navigate new paths to growth. With a strong presence throughout Asia, Europe, Latin America, and the U.S., Paul Hastings is recognized as one of the world’s most innovative global law firms.