Korea / Special Sits, Pairs, Index Rebalancing, Clepsydra Capital

Sanghyun Park

I investigate special situations, pairs, and index rebalancing trades in Korea.

Korea / Special Sits, Pairs, Index Rebalancing

Close Out the Shorts on Doosan Infracore (If Trump Wins, Lower Taxes & Higher Infra.Spending)

More Details and Explanations About Doosan Infracore BW Issuance

Summary of Doosan Infracore's $447M BWs Issuance

Doosan Bobcat's Post IPO Price Prediction - Trump Is Helping But Infracore's Debts Are Not

Equity Capital Markets

HD Hyundai Infracore / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/3982" target="_blank" data-smartkarma-citation="entities:3982:1">Doosan Infracore Co Ltd (042670 KS)</a> also hit home run today with its ₩500bil BW issuance. Infracore completed both existing and new shareholder subscription for its ₩500bil BW issuance today.<div><table class="table table-striped"><tbody>
<tr>
<td>Date</td>
<td>Event</td>
</tr>
<tr>
<td>July 19</td>
<td>BW issuance terms will be finalized</td>
</tr>
<tr>
<td>July 24-25</td>
<td>Existing shareholder subscription</td>
</tr>
<tr>
<td>July 27-28</td>
<td>New shareholder subscription</td>
</tr>
<tr><td colspan="2">Source: DART</td></tr>
</tbody></table></div>As expected, it was a smash hit. As for existing shareholder subscription, they took a total of 30.38%, which is ₩151.9bil. In particular,  <a href="https://www.smartkarma.com/entities/7389" target="_blank" data-smartkarma-citation="entities:7389:1">Doosan Heavy Industries</a>…

Doosan Infracore Co Ltd (042670 KS) also hit home run today with its ₩500bil BW issuance. Infracore completed both existing and new shareholder subscription for its ₩500bil BW issuance today.

Date
Event


July 19
BW issuance terms will be finalized


July 24-25
Existing shareholder subscription


July 27-28
New shareholder subscription

Source: DART
As expected, it was a smash hit. As for existing shareholder subscription, they took a total of 30.38%, which is ₩151.9bil. In particular,  Doosan Heavy Industries…

Doosan Engineering & Construction (011160 KS)

Update on Doosan Infracore's ₩500bil BW Issuance