HANA Micron Inc. announced that it expects to receive KRW 24.999997134 billion in funding from Synergy Partners Co., Ltd, SUSUNG ASSET MANAGEMENT Co., Ltd., Infinity Investment Advisory Co.,Ltd., Shinhan Capital Co., Ltd.
January 19, 2017
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HANA Micron Inc. (KOSDAQ:A067310) announced a private placement of 7th series unregistered and unsecured private convertible bonds for gross proceeds of KRW 25,000,000,000 on January 20, 2017. The transaction will include participation from Synergy Partners Co., Ltd. for KRW 4,700,000,000, Susung Asset Management Co., Ltd. for KRW 1,400,000,000, Infinity Investment Advisory Co.,Ltd. for KRW 2,000,000,000, Shinhan Capital Co., Ltd. for KRW 3,000,000,000 and other investors. The bonds will be zero coupon with a yield to maturity of 1% and maturity date of January 24, 2022. The bonds will be convertible into common shares at a conversion price of KRW 5,472 per share. . The conversion period is from January 24, 2018 to December 24, 2021.
HANA MICRON INC. is a Korea-based company specialized in the semiconductor packaging. The Company provides flip chip ball grid array (FCBGA) packaging, wafer level chip-scale packaging (WLCSP), system in package, multi chip packaging, quad flat no lead (QFN) packaging and others, which are applied in communication equipment, mobile phones, personal digital assistant (PDA) devices, digital cameras, digital video discs (DVDs), moving picture experts group audio layer three (MP3) players, digital televisions (TVs) and others. The Company also provides universal serial bus (USB) flash drives. The Company distributes its products within domestic market and to overseas markets.
HANA Micron Inc. announced that it expects to receive KRW 24.999997134 billion in funding from Synergy Partners Co., Ltd, SUSUNG ASSET MANAGEMENT Co., Ltd., Infinity Investment Advisory Co.,Ltd., Shinhan Capital Co., Ltd.
HANA MICRON INC. 
