Dongkook Ind.Co.,Ltd announced that it expects to receive KRW 17 billion in funding from IBK Capital Corporation, Hana Daetoo Securities Co., Ltd., Investment Arm, Shinhan Capital Co., Ltd., SBI Savings Bank Inc., Investment Arm
August 23, 2013
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Dongkook Ind.Co.,Ltd (KOSE:A001620) announced a private placement of round 5 unregistered coupon unguaranteed domestic private detachable
bonds with warrants for gross proceeds of KRW 17,000,000,000 on August 23, 2013. The transaction will involve participation from IBK Capital Corporation for KRW 4,000,000,000, Hana Daetoo Securities Co., Ltd., Investment Arm for KRW 3,000,000,000, Shinhan Capital Co., Ltd. for KRW 5,000,000,000, and SBI Savings Bank Inc., Investment Arm for KRW 5,000,000,000. The bonds will be convertible into common shares at a fixed conversion price of KRW 3,481 per share. The bonds do not carry any coupon and have a yield to maturity of 1.5%. The bonds will mature on August 23, 2018. The transaction is expected to close on August 27, 2013. The transaction has been approved by the board of directors of the company.
KBI DONGKOOK IND CO., LTD, formerly DONGKOOK IND.CO., LTD, is a Korea-based company mainly engaged in the manufacture of automobile components. The Company's products consist of injection molding products such as crash pads reinforcements, front carrier assemblies, console floor assemblies, glove box assemblies, cluster facia assemblies, shroud steering, washing tank assemblies and nozzle defroster assemblies; blow molding products such as blow heater connection assemblies, which are used for air conditioners and heaters, and luggage board assemblies used for loading products in car trunks. The Company is also engaged in the rental business and construction business. It supplies its products within domestic market and to overseas markets.
Dongkook Ind.Co.,Ltd announced that it expects to receive KRW 17 billion in funding from IBK Capital Corporation, Hana Daetoo Securities Co., Ltd., Investment Arm, Shinhan Capital Co., Ltd., SBI Savings Bank Inc., Investment Arm
KBI DONGKOOK IND.CO.,LTD. 
