Motrex Co., Ltd (KOSDAQ:A118990) announced that it will issue series 4 non-guaranteed private equity convertible bonds for gross proceeds of KRW 8,000,000,000 and series 5 non-guaranteed private equity convertible bonds for gross proceeds of KRW 4,000,000,000; for an aggregate gross proceeds of KRW 12,000,000,000 on August 4, 2020. The transaction will include participation from Hanyang Securities Co., Ltd., Investment arm for KRW 1,800,000,000 of series 4 bonds and KRW 900,000,000 of series 5 bonds, Mirae Asset Daewoo Co., Ltd., Investment Arm for KRW 1,000,000,000 of series 4 bonds and KRW 500,000,000 of series 5 bonds, Fund 6 for KRW 1,000,000,000 of series 4 bonds and KRW 500,000,000 of series 5 bonds, Synergy-NH Mezzanine Blind No. 1 New Technology Business Fund for KRW 600,000,000 of series 4 bonds and KRW 300,000,000 of series 5 bonds, Synergy Turnaround 3 New Technology Business Fund for KRW 600,000,000 of series 4 bonds and KRW 300,000,000 of series 5 bonds, and other investors. The series 4 bonds bear coupon rate of 1% and yield to maturity of 2%. The series 5 bonds do not bear any coupon and have yield to maturity of 1%. The series 4 bonds will mature on August 6, 2025. The series 5 bonds will mature on August 06, 2023. The bonds will be issued at par. The series 4 bonds are fully convertible into 2,270,147 shares representing 6.34% stake at a fixed conversion price of KRW 3,524 each starting from August 6, 2021 till July 6, 2025. The series 5 bonds are fully convertible into 1,135,073 shares representing 3.17% stake at a fixed conversion price of KRW 3,524 each starting from September 6, 2020 till July 6, 2023. The subscription date and payment date is August 6, 2020. The transaction has been approved by the board of directors of the company.