- Represented an international investment bank in S-3/SF-3 registrations exceeding $100 billion, a public note issuance of over $75 billion, and a $5 billion asset-backed commercial paper issuance for credit card securitizations.
- Represented a data center company in its inaugural $1.15 billion and C$883.4 million Canadian data center securitizations.
- Represented a multinational investment management company in its inaugural $402 million commercial and industrial solar securitization.
- Represented a multinational automobile manufacturer in its $900 million 144A/Regulation S offerings, its $209 million term asset-backed securities loan facility offering, its establishment of auto loan, lease, and wholesale warehouse financing facilities, and its sale of auto financing assets to a bank holding company.
- Represented a financial institution in its inaugural $245 million warehouse facility and $600 million upsize to finance near-prime credit card receivables, its inaugural $300 million term securitization, its inaugural Card as a Service program, and the institution’s subsequent acquisition by a national bank holding company.
- Represented a multinational automobile manufacturer’s financial services arm in its $19 billion auto lease securitizations and $1.5 billion auto loan securitization.
- Represented a global financial institution in its commercial paper conduit transactions with commitments exceeding $3 billion.
- Represented a biopharmaceutical company in its private placements of $650 million in fixed-rate term notes.
- Represented a cutting-edge firm specializing in global pharmaceutical royalty monetization in pharmaceutical royalty securitizations totaling over $350 million.
- Represented two global financial institutions in financing facilities for a peer-to-peer online credit company’s marketplace loans.
Partner,
- Phone: +1 212 905 9138
- Email: bklee@alston.com
B.K. represents issuers, underwriters, and other financial institutions in public and private asset-backed securities offerings, bringing global knowledge to structured transactions involving credit card receivables and data centers revenues. He advises clients on whole business securitization, compliance with structured finance industry regulations, M&A, and other general corporate matters.
- Represented an American multinational restaurant chain in its $2.075 billion whole business securitization.
- Represented a U.S.-based smart-home technology company in its lease pass-through tax equity investment in unlevered and levered solar energy transactions.
- Represented one of the world’s leading solar-power companies in its lease pass-through tax equity investment in unlevered and levered solar energy transactions.
- Represented a U.S.-headquartered multinational retail corporation in its credit card securitizations, including a $750 million public note issuance, $6 billion in private note offerings, and a debt securities tender offer; provided counsel for the acquisition of its credit card business by an international financial institution.
- Advised a multinational investment management and financial services firm in its $408 million collateralized loan obligation facility.
- Advised a multinational investment management and financial services firm in its $985 million collateralized debt obligation facility.
Boong-Kyu (B.K.) Lee has over 20 years of experience representing issuers, underwriters, and U.S. and international financial institutions in a variety of public and private asset-backed securities offerings. B.K. provides advice to participants in structured finance and M&A transactions involving credit card receivables, data center revenues, automotive loans, pharmaceutical royalties, student loans, peer-to-peer loans, and solar assets.
B.K. has also counseled on whole business and other operating asset securitizations, as well as resecuritizations and repackagings of various securities and other financial assets, including those using advanced derivative products. His clients rely on him for structuring advice to comply with the Credit Risk Retention Rule, the Volcker Rule, and other Dodd–Frank Act regulations.
B.K. has experience in CDO and CLO transactions, guides clients in setting up asset-backed commercial paper programs, and counsels banks and corporations in general corporate matters, tender offers, restructurings, and mergers and acquisitions, including FDIC-facilitated bank acquisitions. B.K. has also advised on several major transactions involving Korean entities, including the government of the Republic of Korea. He often counsels his Korean clients on matters relating to U.S. law.
IFLR1000 lists B.K. as a “notable practitioner” in the U.S. “Capital Markets,” “Debt,” “Equity,” and “Structured Finance and Securitization” practices. In 2014, B.K. received the Cornerstone Award from Lawyers Alliance for New York for his contributions through pro bono services to nonprofits.
Languages
- Korean
Bar Admissions
- New York
- New Jersey
Education
- Columbia University (J.D., 2002)
- Massachusetts Institute of Technology (M.S., 1993)
- University of Pennsylvania (M.B.A., 1990)
- Yonsei University (B.A., 1988)
Memberships
- Structured Finance Association
- American Bar Association