G-Smatt Global Co., Ltd. (KOSDAQ:A114570) announced a private placement of round 2nd Unregistered coupon unsecured convertible bond for gross proceeds of KRW 11,500,000,000 on November 15, 2017. The bond carry coupon rate of 1.5% and yield to maturity is 6%. The subscription and payment date for the bonds is November 17, 2017.

. The bonds will be fully convertible into 500,000 shares at a fixed conversion price of KRW 23,000 per share between November 18, 2017 and October 17, 2020. The transaction will include participation from Woori Investment Bank Co., Ltd. (KOSE:A010050) for KRW 3,000,000,000, Woori Bank Co., Ltd. (KOSE:A000030) for KRW 5,000,000,000, Samsung Securities Co.,Ltd. (KOSE:A016360) for KRW 2,600,000,000 through funds, Mirae Asset Daewoo Co., Ltd. (KOSE:A006800) for KRW 900,000,000 through funds.

The transaction was approved by board of directors.