H&B Design Co.,Ltd. announced a private placement of series 7 bearer type private equity convertible bond for gross proceeds of KRW 3,000,000,000 on August 4, 2022. The company will issue bonds at par. The bonds will carry 2% coupon rate, 4% yield to maturity rate, will mature on August 31, 2025 and will be 100% convertible into 454,683 common shares of the company at a fixed conversion price of KRW 6,598 per share from August 31, 2023 to July 30, 2025.