Dynamic Design Completes Sale of Self-Issued Bonds... "Positive Signal for Securing Investment Funds in Indonesia"

[Asia Economy Reporter Jang Hyowon] Dynamic Design announced on the 8th that it completed the sale of its own corporate bonds with a total face value of 7.5 billion KRW for 8.625 billion KRW on the 1st.

The company secured approximately 8.6 billion KRW in cash assets, and based on the secured funds, it is expected to gain momentum in the ongoing Indonesian nickel mineral distribution business.

The issuance conditions of the 5th and 6th series convertible bonds issued by the company involved providing land and building collateral at the headquarters, but with this sale of its own corporate bonds, trust termination became possible. It is known that by utilizing leverage through trust-terminated assets, the company secured an environment to cover the investment capital needed for the tire mold business and nickel mineral distribution business being promoted locally in Indonesia.

A Dynamic Design official stated, “We believe that investment in the tire mold business and nickel mineral distribution business in Indonesia will serve as a stepping stone for Dynamic Design’s second leap forward, so we aim to continuously secure financial stability,” adding, “We will strive to enhance shareholder value by ensuring the fruition of these investments.”