FusionData Co.,Ltd (KOSDAQ:A195440) announced a private placement of 3rd series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 2,700,000,000 on July 10, 2019. The transaction will include participation from SMC Holdings Co., Ltd. for KRW 2,500,000,000 and LIU, ZYU HOU for KRW 2,000,000,000. The bonds will mature on July 10, 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 5,400,000 common shares of the company at a fixed conversion price of KRW 500 per share from July 10, 2020 to June 10, 2022. The transaction has been approved by the board of directors of the company. The subscription and payment date is July 10, 2019.