Greenberg Traurig Acts as Counsel in Kraton Corporation’s US$1 Billion Guaranteed Notes Offering

SEOUL - July 16, 2024 - Global law firm Greenberg Traurig, LLP represented Citigroup, Crédit Agricole CIB, J.P. Morgan, Korea Development Bank, Mizuho, and Standard Chartered Bank as joint lead managers in a debut Rule 144A / Reg. S offering by Kraton Corporation of US$1 billion 5.00% Guaranteed Senior Unsecured Notes due 2027 guaranteed by the Korea Development Bank. The offering priced on July 8 and closed on July 15. The notes were listed on the Singapore Exchange.

Kraton Corporation, based in Houston, Texas, is a leading global sustainable specialty chemicals company that manufactures styrenic block copolymers, specialty polymers, and high-value bio-based products primarily derived from pine wood pulping co-products with 13 global manufacturing facilities across North America, Europe, and Asia.

The Korea Development Bank is the leading policy bank of the Korean government providing financing to companies and projects designed to assist Korea's economic growth and development. The Korea Development Bank was established as a statutory juridical entity in 1954 and is wholly owned by the Korean government.

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, and Shareholder James Maynor in the Northern Virginia office provided U.S. tax advice.

About Greenberg Traurig: Greenberg Traurig, LLP has more than 2,750 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI "Highly Recommended Law Firm" for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA's Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.