Capro Corporation (KOSE:A006380) announced that it has issued series 1 unregistered unguaranteed Won private convertible bonds for gross proceeds of KRW 4,000,000,000 on March 24, 2021. The bonds were issued at par. The transaction included participation from Korea Development Bank, Investment Arm. The bonds bear fixed interest rate of 0.1% per annum and interest rate to maturity of 3%. The bonds will mature on March 24, 2024. The bonds are convertible into 1,035,732 common shares at a fixed conversion price of KRW 3,862 per share from March 24, 2022 to March 24, 2024. The date of subscription and date of payment is March 24, 2021. The transaction is approved by the board of directors of the company. On March 24, 2021, the company announced that the bonds will be convertible into 1,034,928 common shares at a fixed conversion price of KRW 3,865 per share from March 24, 2022 to March 23, 2024.