Sambo Industrial Co., Ltd. announced that it expects to receive KRW 5 billion in funding from Samsung Securities Co., Ltd., KB Securities Co., Ltd., ESOP, SUSUNG ASSET MANAGEMENT Co., Ltd., Mirae Asset Securities Co. Ltd., Korea Investment & Securities Co., Ltd.
October 28, 2022
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Sambo Industrial Co., Ltd. announced a private placement of 3rd series unregistered coupon nonguaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on October 28, 2022. The bonds carry a coupon rate of and yield to maturity of 0%. The bonds will mature on November 01, 2025.
The bonds are 100% convertible into common shares of the company at a fixed conversion price of KRW 1038. The transaction will include participation from Samsung Securities Co., Ltd., KB Securities Co., Ltd., SUSUNG ASSET MANAGEMENT Co., Ltd., Mirae Asset Securities Co., Ltd., KB Securities Co., Ltd. and Korea Investment & Securities Co., Ltd.
SAMBO Industrial Co., Ltd. is a Korea-based company principally engaged in the manufacture and sale of aluminum alloy. The Company operates its business through three segments. The Aluminum Alloy segment produces aluminum alloy bars. The Automotive Part segment manufactures automotive parts including engine cases, transmission parts, steering systems, among others. The Broadcasting Program segment involves in the broadcasting program sales and distribution business.
SAMBO INDUSTRIAL CO., LTD. 
