Cases & Deals

DBS Bank Limited and Standard Chartered Bank act as joint lead arrangers in cross-border securitization of US$350 million of Korea credit card receivables

Client(s) DBS Bank Limited and Standard Chartered Bank

Jones Day acted as transaction counsel, representing DBS Bank Limited and Standard Chartered Bank as joint lead arrangers and Citicorp International Limited as note trustee, in connection with the cross-border securitization of US$350 million of Korea credit card receivables originated by KB Kookmin Card, Co., Ltd.

KB Kookmin Card, Co., Ltd. specializes in credit card, payment, cash advance, and card loan services. The company was founded in 1987 and is headquartered in Seoul, South Korea.