S-Energy Co., Ltd. (KOSDAQ:A095910) announced a private placement of 4rd series unregistered and unguaranteed private convertible bonds for gross proceeds of KRW 8,000,000,000 on June 24, 2019. The transaction include participation from the existing investors, Eugene investment & Securities Co., Ltd. will invest KRW 2,000,000,000, Shinhan Investment Corp. will invest KRW 2,000,000,000, NH Investment & Securities Co., Ltd., Investment Arm will invest KRW 1,000,000,000, IBK Capital Corporation will invest KRW 1,000,000,000, Square Venture Investment Hedge Fund 3 will invest KRW 400,000,000, Square Mezzanine Plus Hedge Fund 12 will invest KRW 300,000,000 and Square Mezzanine Plus Hedge Fund 13 will invest KRW 300,000,000, and Mirae Asset Daewoo Co., Ltd. will invest KRW 1,000,000,000.

The of 4rd series unregistered and unsecured private convertible bonds will be 100% convertible into 1,670,146 common shares at a conversion price of KRW 4,790 from June 26, 2020 to May 26, 2024. The bonds will have zero coupon rate and yield to maturity of zero percent. The bonds will mature on June 26, 2024.

The payment date is June 26, 2019. The transaction has been approved by the board of directors of the company.