Theragen Etex Co.,Ltd. (KOSDAQ:A066700) announced a private placement of 8th series unregistered unguaranteed convertible bonds for gross proceeds of KRW 20,000,000,000 on October 23, 2018. The bond is issued at 0% coupon rate and 1% yield to maturity rate. The bonds can be 100% converted into 1,574,803 common shares of the company representing 5.11% of the total number of stocks at a fixed conversion price of KRW 12,700 per share. The conversion period is from October 25, 2019 to September 25, 2022. The transaction will involve participation from Platform Partners Smart Mezzanine 4.0 Hedge Fund 4, Platform Partners Smart Mezzanine 4.0 Hedge Fund 5, Platform Partners Smart Mezzanine 4.0 Hedge Fund 7, The Plaform Multi-strategy Hedge Fund 1, The Plaform Multi-strategy Hedge Fund 2, The Plaform Project Mezzanine Hedge Fund 1 for KRW 9,000,000,000, KB securities corporation for KRW 1,000,000,000, Mirae Asset treatment corporation for KRW 9,000,000,000, and Daeha Heang for KRW 1,000,000,000. The transaction has been approved by the board of directors of the company. The payment date of the transaction is October 25, 2018.