KJ Pretech Co., Ltd. (KOSDAQ:A083470) announced a private placement of 7th series unregistered and unsecured private convertible bonds for gross proceeds of KRW 15,000,000,000 on January 6, 2017. The transaction include participation from Manu Partners. The bonds carry a coupon of 5%, yield to maturity of 5%. The maturity date of bonds is February 27, 2020 the conversion period starts from February 27, 2018 to January 27, 2020. The bonds will be convertible into 3,773,584 shares at a fixed conversion price of KRW 3,975. The Subscription date is January 6, 2017 and payment date is February 27, 2017.