mPLUS Corp. (KOSDAQ:A259630) announced a private placement of 1st round unregistered unguaranteed unsecured private convertible bonds for gross proceeds of KRW 20,000,000,000 on April 26,2018. The transaction will involve participation from Samsung Securities Co.,Ltd. (KOSE:A016360), Yen H investments securities corporation, Brain asset management corporation, Square asset management corporation, Focus asset management corporation, Friend Investment Partners Co., Ltd and Lime asset management corporation.

The bonds are 100% convertible into common shares at a price KRW 29,908 from April 27, 2019 to March 27, 2023. The maturity date of bonds is April 27, 2023. The transaction was approved by the board of directors of the company.