Polus Inc.announced a private placement of round 9th unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 40,000,000,000 on January 19, 2018. The transaction from Amnis Co., Ltd. (KOSE:A007630). The bonds do not carry any coupon and have a yield to maturity of 4%. The bond will mature on January 19, 2021. The bonds will be fully convertible into shares at a fixed conversion price of KRW 7,000 per share into 5,714,285 common shares between January 19, 2019 and December 19, 2019. The transaction was approved by the board of directors of the company.