MiCo BioMed Co., Ltd. (XKON:A214610) announced a private placement of 4th round registered coupon unguaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on May 15, 2018. The transaction will include participation from Mirae Asset treatment corporation. The bond bear carries coupon rate of 1% and yield to maturity of 3%. The bonds will mature on May 23, 2021. The bonds are convertible into 768,049 common shares at a fixed conversion price of KRW 6,510 per share. The conversion period will start on May 23, 2019 and will end on April 23, 2021. The bonds will be issued at par. The subscription date is May 15, 2018 and payment date is May 23, 2018. The board of directors of the company approved the transaction.