Daebongls.Co.,Ltd. announced a private placement to issue Zero Coupon Series 2 Bearer Interest Unsecured Private Placement Convertible Bonds due September 6, 2029 for the gross proceeds of KRW 30,000,000,000 on September 4, 2024. The transaction will include participation from new investors Mirae Asset Securities Co., Ltd. (in the position of trustee of Fund 1 ) KRW 700,000,000, Mirae Asset Securities Co., Ltd. (from the fiduciary position of Fund 2 ) KRW 600,000,000, Mirae Asset Securities Co., Ltd. (from the fiduciary position of Fund 3 ) KRW 1,200,000,000, KB Securities Co., Ltd. (in the position of trustee of Fund 4 ) KRW 500,000,000, Samsung Securities Co., Ltd. (in the fiduciary position of Fund 5) KRW 2,000,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 6) KRW 1,000,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 7) KRW 1,000,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 8) KRW 1,000,000,000, Shinhan Investment & Securities Co., Ltd. (in the fiduciary position of Fund 9) KRW 1,000,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 10) KRW 750,000,000, NH Investment & Securities Co., Ltd . (in the fiduciary position of Fund 11) KRW 250,000,000, Mirae Asset Securities Co., Ltd. (in the fiduciary position of Fund 12) KRW 200,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 13) KRW 300,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 14) KRW 300,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 15) KRW 200,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 16) KRW 200,000,000, Mirae Asset Securities Co., Ltd. (in the fiduciary position of Fund 17) KRW 300,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 18) KRW 200,000,000, Mirae Asset Securities Co., Ltd. (in the fiduciary position of Fund 19) KRW 300,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 20) KRW 300,000,000, Mirae Asset Securities Co., Ltd. (in the fiduciary position of Fund 21) KRW 300,000,000, KB Securities Co., Ltd. (in the fiduciary position of Fund 22) KRW 400,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 23) KRW 500,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 24) KRW 900,000,000, NH Investment & Securities Co., Ltd. (in the fiduciary position of Fund 25) KRW 200,000,000, Samsung Securities Co., Ltd. (in the fiduciary position of Fund 26) KRW 1,400,000,000, Mirae Asset Securities Co., Ltd. (in the fiduciary position of Fund 27) KRW 500,000,000, One Shinhan Mezzanine No.
1 New Technology Business Investment Fund KRW 3,000,000,000, Lindeman Asia Investment Fund 16 KRW 7,000,000,000, KB Securities Co., Ltd. KRW 3,000,000,000 and NH Investment & Securities Co., Ltd. KRW 500,000,000. The transaction has been approved by shareholders, restricted to a hold period and is expected to close on September 6, 2024. The bonds are 100% convertible into 1,766,576 common shares at a fixed conversion price of KRW 16,892 from September 6, 2025 to August 6, 2029.
The bonds bear zero coupon rate and maturity rate and matures on September 6, 2029.