SEOUL – Aug. 7, 2024 – Global law firm Greenberg Traurig, LLP represented BNP Paribas (Suisse) SA and UBS Investment Bank as joint lead managers, and KEXIM Bank UK as the co-manager, in a debut Swiss public offering by Q Energy Solutions SE of CHF 200,000,000 1.490% Senior Unsecured Guaranteed Green Notes due 2027 guaranteed by The Export-Import Bank of Korea. The offering signed on August 2 and closed on August 6. The notes will be listed on the SIX Swiss Exchange. The offering represents the first Swiss public offering guaranteed by a Korean guarantor.
Q Energy Solutions SE engages in a wide range of renewable energy-related operations in Europe, including the development, engineering, procurement, and construction and operation of solar, photovoltaic, and wind power plants. Q Energy Solutions SE is a wholly-owned subsidiary of Hanwha Solutions Corporation and a key member company of the Hanwha Group – one of the largest in Korea.
The Export-Import Bank of Korea is a leading policy bank of the Korean government promoting the development of the Korean economy and economic cooperation with foreign countries by extending financing for export and import transactions, overseas investments, and the development of natural resources abroad.
The Greenberg Traurig attorneys leading the transaction were Shareholder Eun Sang Hwang and Associate Byoungjoo Lee in the Seoul office. Shareholder Dorothee Fischer-Appelt and Associate Henry Wood in the London office provided English law advice.