Gyeongbuk Golf Course 'Aegis Sky CC' Development Secures 71 Billion Won

[Asia Economy Reporter Lim Jeong-su] The dining company Uiryeong Soba has raised 71 billion KRW to develop the prestigious golf course 'Aegis Sky Country Club (Aegis Sky CC)' in Gyeongbuk.

According to the investment banking (IB) industry on the 14th, Uiryeong Soba raised a total of 71 billion KRW in funds for the golf course development through Eazy Round First Vehicle and Eazy Round Second Vehicle, which were established for the golf course project. The loan maturity is known to be two years.

The loan was executed in two parts: 60 billion KRW in senior tranche (Tranche A) funds and 11 billion KRW in subordinated tranche (Tranche B) loans, based on collateral and repayment priority.

KB Securities and SK Securities executed the senior and subordinated loans respectively through special purpose companies (SPCs), then issued short-term bonds backed by these loans to secure the funding.

The raised funds will be used to develop the public golf course Aegis Sky CC and construct ancillary facilities such as the clubhouse on Mountain 48, Daeheung-ri, Gunwi-gun, Gyeongbuk.

Daelim Construction and Daelim will participate as the construction companies.

This content was produced with the assistance of AI translation services.