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 and Asia.
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 world.