TONYMOLY Co.,Ltd. announced that it expects to receive KRW 30 billion in funding from Dongbu Securities Co., Ltd., Investment Arm
October 25, 2017
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TONYMOLY Co.,Ltd. (KOSE:A214420) announced a private placement of unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 30,000,000 on October 26, 2017. The transaction will involve participation from new investor Dongbu Securities Co., Ltd., Investment Arm. The bonds will be fully convertible into 1,546,870 shares at a fixed conversion price of KRW 19,394 per share between October 27, 2018 and September 27, 2022. The bonds will mature on October 27, 2022. The bonds will be issued at par. The subscription date for the transaction is October 27, 2017. The transaction is expected to close on October 27, 2017. The transaction has been approved by the board of directors of the company.
TONYMOLY CO., LTD is a Korea-based company principally engaged in development, manufacture and distribution of cosmetic products. The Company mainly manufactures skin care products, makeup products and cosmetic related accessories including brushes, containers, mirrors and others. The Company mainly sells products under brand name of TONYMOLY. And the Company distributes its cosmetic products through specialty stores, department stores, online shopping malls and others, as well as to overseas markets.
TONYMOLY CO., LTD 
