Shin & Kim represented IMM in connection with acquisition of Taihan Electric Wire. The financing involved a note facility of KRW 120 billion syndicated to four financial institutions. The challenge of this transaction was that the target, Taihan Electric Wire, was in a work-out – which made it very difficult to obtain financing on ordinary terms from banks and the transaction required tailoring of terms and conditions that would address the risks associated with acquiring a company in a work-out.

