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(Photo= Yonhap news) |
[Alpha Biz= Reporter Kim Jisun] IGIS Asset Management announced on the 30th that it will acquire 60 billion won worth of bridge loan bonds tied to the office workplace where Taeyoung E&C will be in charge of construction through the project financing (PF) normalization fund of Korea Asset Management Corporation (KAMCO).
To this end, IGIS Asset Management plans to invest 20 billion won in the KAMCO fund and 40 billion won in external funds to finance the bond acquisition. The deal is expected to close next month.
IGIS Asset Management is one of the five consignment managers of KAMCO's 'Real Estate PF Business Normalization Support Fund'.
The site was scheduled to build a 21,420-square-meter work facility in Seongsu-dong 2-ga, Seongdong-gu, Seoul, but it was suspended due to a workout by Taeyoung Engineering & Construction.
AlphaBIZ Kim Jisun(stockmk2020@alphabiz.co.kr)
