Korea Eximbank Invests 12.5 Billion Won in Jung Saem Mool Beauty's Global Expansion

The Export-Import Bank of Korea announced on December 31 that it will invest 12.5 billion won to support the global expansion of Jung Saem Mool Beauty, a leading small and medium-sized cosmetics manufacturer.

This investment will be made by participating as a key investor in a 50 billion won fund managed by CLSA Capital Partners Korea. The fund is scheduled to acquire redeemable convertible preferred shares (RCPS) issued by Jung Saem Mool Beauty.

Jung Saem Mool Beauty plans to use this investment as a springboard to enter various overseas markets, including the United States, Japan, and Southeast Asia.

A bank representative emphasized, "We expect this to demonstrate the positive role of fund investment as productive finance," adding, "It will support the overseas expansion of K-beauty and contribute to the global influence of K-culture."