Paul Hastings Advised Lead Managers in Doosan Enerbility’s US$300 Million Guaranteed Green Notes Offering

Paul Hastings LLP advised BofA Securities, Korea Development Bank, and Standard Chartered Bank as joint lead managers in connection with the issuance by Doosan Enerbility Co., Ltd.’s US$300 Million 5.500% Guaranteed Senior Unsecured Green Notes due 2026 (the “Notes”), which are unconditionally and irrevocably guaranteed by The Korea Development Bank. The offering, which closed on July 17, 2023, was conducted in reliance on Regulation S of the U.S. Securities Act of 1933, as amended. The Notes were listed on Singapore Exchange Securities Trading Limited. The proceeds of the Notes will be used to finance or refinance Doosan Enerbility’s new or existing eligible green projects.

Doosan Enerbility, a member company of the Doosan Group, is Korea’s largest and leading international manufacturer of advanced power generation solutions. The Korea Development Bank is a leading government-owned bank in Korea primarily engaged in the provision of long-term financing for projects designed to assist Korea’s economic growth and development.

Partner Iksoo Kim led the Paul Hastings team, which also included associates Sye Myung Kim and Lorenzo Colombi-Manzi.

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