Nuriplan Co., Ltd. announced that it expects to receive KRW 5 billion in funding from Samsung Securities Co.,Ltd., KB Securities Co.,Ltd, Korea Securities Finance Corporation, Investment Arm, Shinhan Investment Corp., Investment Arm, NH Investment & Securities Co., Ltd.
May 15, 2019
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Nuriplan Co., Ltd. (KOSDAQ:A069140) announced that it will issue 4th unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 5,000,000,000 on May 16, 2019. The transaction is expected to close by May 20, 2019. The bonds have a yield to maturity of 3%.
The bonds will mature on May 20, 2023. The transaction has been approved by the board of directors of the company. The transaction will include participation from funds managed by Korea Securities Finance Corporation, Investment Arm for KRW 1,500,000,000, Samsung Securities Co.,Ltd. (KOSE:A016360) for KRW 800,000,000, NH Investment & Securities Co., Ltd. (KOSE:A005940) for KRW 1,200,000,000, KB Securities Co.,Ltd for KRW 500,000,000, and Shinhan Investment Corp., Investment Arm for KRW 1,000,000,000.
Nuriplan Co., Ltd. is a Korea-based company mainly engaged in the landscape lighting and landscape facility businesses. The Company manufactures landscape lighting products including light-emitting diode (LED) lighting and speakers; landscape facilities such as soundproof walls, fences, handrails and others. The Company also provides construction work such as sidewalk overpass installation and lighting installation. In addition, the Company offers design services consisting of landscape lighting design, landscape facility design, among others.
NURIPLAN CO., LTD. 
