On August 30, 2019, Beijing Motors Co., Ltd. closed the transaction. The company issued the series 3 bonds and raised KRW 3,000,000,000 in its third and final tranche close. The company raised KRW 6,000,000,000 in the transaction. The maturity date of series 3 bonds will be August 30, 2021. The conversion period will be from August 30, 2019 to August 25, 2021.