Kr Partners Co.,Ltd announced a private placement of Series 2 private convertible bond for gross proceeds of KRW 1,000,000,000 on November 12, 2018. The transaction included participation from new investor Shinhan Bank, Investment Arm. The coupon rate and yield to maturity rate is 5.54%. The bonds maturity date is November 12, 2021. The bonds will be 100% converted at the price if KRW 25,146 per share. The conversion of bonds will start from November 12, 2018 to November 12, 2021. The transaction has been approved by the board of directors of the company.