INTL FCStone Subsidiary Advises Korea Flour Mills/DongA One Corporation in
Strategic Investment Transaction
NEW YORK, March 11, 2014 (GLOBE NEWSWIRE) -- INTL FCStone Inc. (Nasdaq:INTL)
today announced that the investment banking division of its wholly owned
subsidiary, INTL FCStone Securities Inc., acted as the exclusive financial
advisor to Korea Flour Mills/ DongA One Corporation relating to a strategic
investment by CHS Inc., a leading global agribusiness owned by farmers,
ranchers and cooperatives across the U.S. CHS Inc. is investing in an
exchangeable bond with an option to convert into DongA One Corporation equity.
Terms are not disclosed. In addition, Korea Flour Mills and CHS, Inc. will
closely work together to develop various strategic initiatives in South Korea
Dong Hwan Roh, Managing Director of DongA One Corporation, said, "INTL
FCStone's investment banking team has orchestrated a successful transaction
overcoming a number of challenges throughout the process. The team kept us
focused on strategic objective and on track during a complicated transaction."
Matthew Yoon, a managing director with INTL FCStone Securities Inc.'s
investment banking division, said, "This is an important opening for both
Korea Flour Mills and CHS, Inc. and these two companies complement each other.
We were pleased to help structure a solution for our client."
About INTL FCStone Securities Inc.
INTL FCStone Securities Inc. provides trading, market making, investment
banking and corporate finance services to customers around the globe. The
investment banking division provides capital raising, mergers and acquisitions
advisory, trade finance and bank loan syndication as well as restructuring and
corporate advisory services to middle market firms in the natural resources,
agriculture, financial institutions, power generation and real estate sectors.
INTL FCStone Securities Inc. (member FINRA/SIPC/MSRB) is a wholly owned
subsidiary of INTL FCStone Inc. (Nasdaq:INTL).
About INTL FCStone Inc.
INTL FCStone Inc. (INTL), through its subsidiaries, provides execution and
advisory services in commodities, currencies and international securities.
INTL's businesses, which include the commodities advisory and transaction
execution firm FCStone Group, serve more than 20,000 customers in more than
100 countries through a network of offices in eleven countries around the
Further information on INTL FCStone is available at www.intlfcstone.com.
CONTACT: INTL FCStone Inc.
Director of Public Relations
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