BDI CO., LTD. (KOSDAQ:A148140) announced a private placement of 8th series unregistered coupon non guaranteed private undetachable bonds with warrants for KRW 14,000,000,000 and series 9 unregistered coupon unguaranteed private undetachable bond with warrants for KRW 16,000,000,000 for total gross proceeds of KRW 30,000,000,000 on April 29, 2020. The transaction will include participation from new investor, G&G Korea Tech Co., Ltd for series 8th bonds and S Investment Plan Co., Ltd. for series 9th bonds. The coupon rate is 3% for the bonds. The bonds will mature on June 29, 2022. The 8th series bonds will be fully convertible into 1,262,626 shares of the company at a fixed conversion price of KRW 11,088 between the period of June 29, 2021 to May 29, 2022. The 9th series bonds are fully convertible at a price of KRW 11,088 per share into 1,443,001 shares between June 29, 2021 and end on May 29, 2022. The payment date is June 29, 2020. The transaction has been approved by the board of the company.