Pine D&C Decides to Issue Convertible Bonds Worth 5 Billion KRW

Fine D&C announced on the 26th that it has decided to issue 5 billion KRW worth of anonymous, interest-bearing, unsecured private convertible bonds (CB) to raise operating funds.

The shares to be issued upon conversion amount to 3,030,303 shares, representing 9.14% of the total number of shares. The nominal interest rate is 0%, the maturity interest rate is 3%, and the bond maturity date is April 28, 2028. The conversion price is 1,650 KRW, and the conversion request period is from April 28, 2024, to March 28, 2028.