EM KOREA Co., Ltd. announced that it expects to receive KRW 14.5 billion in funding from Synergy Partners Co., Ltd., Korea Investment & Securities Co., Ltd., Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm, Golden Bridge Asset Management Co., Ltd.
May 24, 2016
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EM KOREA Co., Ltd. (KOSDAQ:A095190) announced a private placement of third unregistered unguaranteed unsecured private convertible bonds for gross proceeds of KRW 14,500,000,000 on May 25, 2016. The zero coupon bonds will carry yield to maturity of 1% per annum with lump-sum redemption of principal on maturity. The bonds will mature on May 27, 2021. The bonds are 100% convertible into common shares of the company at a fixed conversion price of KRW 4,780 per share from May 27, 2017 to April 27, 2021. The transaction will include participation from new investors, Synergy Partners Co., Ltd. for KRW 7,000,000,000, Korea Investment & Securities Co., Ltd., Investment Arm for KRW 3,000,000,000, NH Investment & Securities Co., Ltd., Investment Arm for KRW 1,000,000,000, and Golden Bridge Asset Management Co., Ltd. for KRW 3,500,000,000.
EMKorea Co Ltd is a Korea-based company primarily engaged in the manufacturing and sales of defense and aviation parts. The Company operates through six business segments. The Defense and Aerospace Business segment engages in the manufacturing of defense and aviation components. The Machining Business segment engages in the production of finished machine tools and parts. The Energy Business segment engages in hydrogen energy and station manufacturing and construction. The Power Generation and International Thermonuclear Experimental Reactor (ITER) Business segment is engaged in the production of thermal power, nuclear power, and nuclear fusion power generation facilities. The Tunnel Boring Machine (TBM) Business segment manufactures TBMs for construction. Other Business segment engage in leasing.
EM KOREA Co., Ltd. announced that it expects to receive KRW 14.5 billion in funding from Synergy Partners Co., Ltd., Korea Investment & Securities Co., Ltd., Investment Arm, NH Investment & Securities Co., Ltd., Investment Arm, Golden Bridge Asset Management Co., Ltd.
ENERGY&MACHINERY KOREA CO.,LTD. 
