Dongbuka No.9 Ship Investment Company
- Name
- Dongbuka No.9 Ship Investment Company
- Classification
- Paper Company in possession of one vessel
- Promoter
- Korea Marine Finance Corporation
- Public Offering
- Approx. 9.397 billion*
- Underwriter
- Hyundai Securities
- Duration
- 5 years from point of delivery of ship
- Target Asset
- One 269,101-ton VLCC
- Structure
- Equity : \9.397 billion (22.7% of acquisition price)
- Debt : approx. \29.124 billion (70%) from Korea Development Bank
- Guarantee Deposit : approx. \4.160 billion (10%) from Hyundai Merchant Marine
- Earning Rate
- Annual 5.80% fixed dividends (paid off every quarter)
- Realization
- Korea Exchange listed
- Ship Management
- Hyundai Merchant Marine
- Consignment Agreement
- Investment Management Company: KOMARF
- Custody Company: Korea Development Bank
