G-Smatt Global Co., Ltd. (KOSDAQ:A114570) announced a private placement of series 3 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 15,000,000,000 on November 22, 2018. The transaction will involve participation from new investor Whale 1st SME M&A Private Investment Firm. The bonds will carry a coupon rate of 1.5%. The bonds will mature on November 23, 2021 and will have a yield to maturity of 6%. The subscription and payment date of the transaction are November 23, 2018. The transaction was approved by the board of directors of the company.