Green Resource Co., Ltd. has announced a private placement of KRW 10,000,000,000 series 1 convertible bonds on June 5, 2024. The bonds carry zero coupon rate and will mature on June 10, 2029. The bonds are fully convertible into 298,231 shares of the company at a conversion price of KRW 33,531 per share.

The conversion period will start from June 10, 2025 and ends on May 10, 2029. The transaction includes investor participation of Korea Investment & Securities Co., Ltd. (In the position of trustee of Fund 1) for bonds amounting to KRW 700,000,000, NH Investment & Securities Co., Ltd., (In the position of trustee of Fund 2) for bonds amounting to KRW 300,000,000, NH Investment & Securities Co., Ltd., (In the position of trustee of Fund 3) for bonds amounting to KRW 1,000,000,000, NH Investment & Securities Co., Ltd., (In the position of trustee of Fund 4) for bonds amounting to KRW 1,000,000,000, NH Investment & Securities Co., Ltd., (In the position of trustee of Fund 5) for bonds amounting to KRW 500,000,000, NH Investment & Securities Co., Ltd., (In the position of trustee of Fund 6) for bonds amounting to KRW 500,000,000, KB Securities Co., Ltd.(In the position of trustee of Fund 7) for bonds amounting to KRW 500,000,000, NH Investment & Securities Co., Ltd. (In the position of trustee of Fund 8) for bonds amounting to KRW 200,000,000, Mirae Asset Securities Co., Ltd. (In the position of trustee of Fund 9) for bonds amounting to KRW 500,000,000, Mirae Asset Securities Co., Ltd. (In the position of trustee of Fund 10) for bonds amounting to KRW 600,000,000, Mirae Asset Securities Co., Ltd. (In the position of trustee of Fund 11) for bonds amounting to KRW 500,000,000, NH Investment & Securities Co., Ltd. (In the position of trustee of Fund 12) for bonds amounting to KRW 700,000,000, Cape-the-J-Paros Mezzanine New Technology Fund for bonds amounting to KRW 2,000,000,000 and Shinhan Capital Co., Ltd. for bonds amounting to KRW 1,000,000,000. The transaction is expected to close on June 10, 2024.

The transaction has been approved by the board of directors of the company.