BDI CO., LTD. (KOSDAQ:A148140) announced a private placement of series 6 unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 20,000,000 on May 3, 2019. The transaction will include participation from CAPE Investment & Securities Co.,Ltd., Investment Arm. The bonds will carry no coupon rate and yield to maturity of 3%. The bonds issued at par and will mature on May 10, 2024. The bonds are convertible into 1,895,734 common shares at a conversion price of KRW 10,550 from May 10, 2020 to April 10, 2024. The payment date of the transaction is May 10, 2019. The board of directors of the company approved the transaction.