Star Mobility Co.,Ltd. announced a private placement of series 12 unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 20,000,000,000 on November 28, 2019. The transaction will include participation from Breathed Company Co.,Ltd. The bonds carry coupon of 0% and have a yield to maturity of 2%. The bonds will mature on December 26, 2024. The bonds are 100% convertible at fixed conversion price of KRW 3,158 per share into 6,333,122 shares. The conversion period will start on December 26, 2020 and will end on November 26, 2024. The subscription date is November 28, 2019 and payment date is December 26, 2019. The transaction has been approved by board of directors of the company.