Fasoo.Com, Inc. (KOSDAQ:A150900) announced a private placement of 4th unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 2,000,000,000 on January 9, 2017. The transaction included participation from KB Investment Co., Ltd. The Zero Coupon bonds carry yield to maturity of 1% and will mature on June 11, 2022. The bonds will be convertible at KRW 6,253 per share for the period from January 11, 2018 to December 11, 2021 and the conversion ratio is 100%.