NewswireToday - /newswire/ -
New York, NY, United States, 2013/12/19 - Crown USA, LLC. is pleased to announce that its South Korea based parent company, Crown Holdings Loan Co., Ltd., has recently received its credit rating and audited financials from Dun & Bradstreet (D&B) - CrownLoan.net.
The firm received a “Good” rating; Crown Holdings Loan Co., Ltd. is currently offering a $50 Million Private Placement to Accredited Investors.
As a partner of Crown Holdings Loan Co., Ltd., Crown USA, LLC is an investment company that offers high interest rate to its U.S. investors. Located in New York, Crown USA, LLC. offers fixed 7.5-10% APR to selective “accredited investors” that will pay interest monthly, annually or at maturity. These notes will be offered as a private placement distributed through Crown USA, LLC in partnership with Crown Holdings Loan Co., Ltd. directly connecting “accredited investors” with the high interest rates available in South Korea.
According to D&B’s report; on 4/12/2013, Han Young, Lee, President of Crown Holdings Loan Co., Ltd. submitted financial statements and confirmed operational and historical information. The financial statement of subject was obtained from its annual report. The accounts are audited by Cheongram Certified Public Accountants. Fiscal year end date of subject is December 31, 2011. The Auditor`s opinion is that the company has qualified credit for 2012 and 2013.
The company`s brief financial summary until the 3rd quarter of FY2013 is as follows:
Total assets in USD [$10,615, 000]; Net worth [$4,111, 000]; Sales [$2,064, 000]; Operating income [$1,273, 000]; and Net income [$1,031, 000].
"We are excited having received a good rating from D&B and eager to continue in United States market. We have prepared an exceptional product that allows U.S. investors to expand their portfolio in Asia and experience the long-term growth trends in the Korean economy," said founder and president of Crown Holdings Loan Co., Ltd., Han Young Lee.