Truwin Company Limited (KOSDAQ:A105550) announced a private placement of series ninth unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on June 18, 2019. The transaction will include participation from JMY Co., Ltd for gross proceeds of KRW 10,000,000,000. The bonds have a coupon rate of 1% per annum and yield to maturity of 3% per annum. The bonds are issued at par and will mature on July 25, 2022. The bonds are convertible into 1,628,399 common shares at a fixed conversion price of KRW 6,141 per share. The conversion period is from July 25, 2020 to June 25, 2022. The transaction has been approved by the board of directors of the company. The subscription date is on June 18, 2019 and payment date is on July 25, 2019.