Zeus Co., Ltd. announced that it expects to receive KRW 9.127872523 billion in funding from Samsung Securities Co., Ltd. and other investors
February 31, 2021
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Zeus Co., Ltd. (KOSDAQ:A079370) announced a private placement of series 1 unregistered nonguaranteed private exchangeable bonds for gross proceeds of KRW 9,127,872,523 on February 1, 2021. The transaction included participation from new investors Rhinos Mezzanine Hedge Fund 6 through KB Securities Co., Ltd. for KRW 500,000,000, Rhinos KOSDAQ Venture Public Offering Stock Hedge Fund 3 through NH Investment & Securities Co., Ltd. for KRW 1,000,000,000, Orian Mezzanine Multi-Strategy Hedge Fund 1 through Mirae Asset Daewoo Co., Ltd. for KRW 500,000,000, Orian luxury KOSDAQ venture Hedge Fund 51 through NH Investment & Securities Co., Ltd. for KRW 500,000,000, GVA Fortress-A Hedge Fund, through Mirae Asset Daewoo Co., Ltd. for KRW 1,427,872,523, GVA Saber-G Hedge Fund through Mirae Asset Daewoo Co., Ltd. for KRW 100,000,000, GVA Saber-V Hedge Fund through Mirae Asset Daewoo Co., Ltd. for KRW 100,000,000, and Samsung Securities Co. Ltd., Investment Arm for 5,000,000,000. The debt maturity date is February 3, 2026. The coupon rate and yield to maturity is nil. The bonds will be 100% convertible into 270,028 shares at the exchange price of KRW 33,803 per share. The conversion period will start from February 10, 2021 and ends on January 27, 2026. The transaction has been approved by the board of directors of the company. The subscription and payment date is February 3, 2021.
ZeusCo Ltd is a Korea-based company mainly engaged in the manufacture and distribution of liquid crystal display (LCD) and semiconductor equipment. The Companyâs product portfolio consists of integrated management systems for LCD and solar cell processing, semiconductor cleaning equipment, plug valve equipment and others. It also provides repair services. The Company distributes its products within domestic market and to overseas markets.
ZEUS CO.,LTD. 
