Finetechnix. Co.,Ltd. announced a private placement of 9th unsecured privately placed convertible bonds of KRW 20,000,000,000 on May 2, 2023. The bonds will mature on May 4, 2028 at 100% conversion value of KRW 2,415 per share.

The bonds will be redeemable after 2 years. The transaction included participation from Eugene Investment & Securities Co., Ltd. for KRW 6,200,000,000, IBK Capital Corporation for KRW 2,500,000,000, Samsung Securities Co., Ltd. for KRW 1,000,000,000, NH Investment & Securities Co., Ltd. for KRW 4,400,000,000, Korea Investment & Securities Co., Ltd. 2,200,000,000, KB Securities Co., Ltd. for KRW 1,200,000,000, Mirae Asset Securities Co., Ltd. for KRW 500,000,000, The Korea Securities Finance Corporation for KRW 2,000,000,000. The transaction has been approved by the board of directors of the company.

The company is expected to close the transaction on May 4, 2023.