Cosmecca Korea Co., Ltd. (KOSDAQ:A241710) announced a private placement of 1st series unregistered non-coupon unguaranteed unsecured private convertible bonds for gross proceeds of KRW 20,000,000,000 on June 8, 2018. The bonds are issued at 0% maturity interest rate and will mature on June 14, 2023. The bonds can be 100% converted into common shares at a fixed conversion price of KRW 40,000 per share.