Bioptro Co., Ltd. (XKON:A222160) announced a private placement of registered convertible bonds for gross proceeds of KRW 2,000,000,000 on April 26, 2018. The transaction will involve participation from Gyeonggi-Neoplux Superman Fund for KRW 1,000,000,000 and Shinhan-Neoplus Energy New Industry Fund KRW 1,000,000,000. The subscription and payment date of the transaction is on April 27, 2018. The bonds don’t have any coupon rate and will have a yield to maturity of 3%. The bonds will mature on April 27, 2023. The bonds will be convertible into 740,740 shares of the company at a fixed conversion price of KRW 2,700 from April 27, 2019 to April 26, 2023. The transaction was approved by the board of directors of the company.