On May 27, 2019, Geonhwa Co., Ltd. (the “Issuer”) issued convertible bonds with a total face value of KRW 40 billion to a private equity fund (PEF) managed by Dominus Investment (the “Investor”).
In the course of this transaction, it was necessary to address a variety of legal issues concerning the development plans for real estate assets held by the Issuer and its shareholders, as well as the structure of profit distribution arising therefrom. EJE LAW played a key role in identifying and developing optimal solutions that would satisfy both the Issuer and the Investor, thereby facilitating the successful completion of the transaction..
EJE LAW represented the Issuer, Geonhwa Co., Ltd., in connection with the transaction, providing comprehensive legal advisory services throughout the process. This included the review and negotiation of key transaction documents such as the Convertible Bond Subscription Agreement and the Investor Agreement, as well as support through to completion of the transaction.