FusionData Co.,Ltd (KOSDAQ:A195440) announced a private placement of 4th series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 2,500,000,000 on July 17, 2019. The transaction will include participation from Kbiz Win Co,.Ltd. for KRW 900,000,000, Cho, Hogeol for KRW 700,000,000, and Lee, Yongki for KRW 900,000,000. The bonds will mature on July 17, 2022 and will be issued at par. The bonds carry 4% coupon and will have a yield to maturity of 4%. The bonds are 100% convertible into 5,000,000 common shares of the company at a fixed conversion price of KRW 500 per share from July 17, 2020 to June 70, 2022. The transaction has been approved by the board of directors of the company. The subscription and payment date is July 17, 2019.