Fusiondata Co.,Ltd (KOSDAQ:A195440) announced a private placement of series 6 private equity convertible bonds for the gross proceeds of KRW 5,000,000,000 on September 9, 2019. The transaction will include participation from Fusion Consortium 1. The bonds have a coupon rate of 5%. The bonds will mature on September 9, 2022. The bonds are convertible into 10,000,000 common shares at a price of KRW 500 per share. The conversion of bonds starts on August 9, 2020 and ends on August 9, 2022. The transaction is approved by the board of directors of the company.