NEPES AMC (KOSDAQ:A087730) announced a private placement of series 4 unregistered coupon unguaranteed private convertible bond for gross proceeds of KRW 2,000,000,000 on February 21, 2019. The bonds will have a yield to maturity of 5%, maturity date as February 22, 2022, will be 100% convertible into 44,692 registered common shares of the company, which represents 1.26% of the total number of shares, at a price of KRW 44,750 per share, for a period from February 22, 2020 to January 22, 2022. The company expects to close the transaction on February 22, 2019. The transaction has been approved by the board of directors of the company. The transaction includes participation from new investors Samsung Securities Co. Ltd., Investment Arm through Lime Fund 1 for KRW 200,000,000, KEB Hana Bank, Investment Arm through Lime Fund 2 for KRW 500,000,000, and Shinhan Investment Corp., Investment Arm through through Lime Fund 3 for KRW 1,300,000,000.