Good Way Technology Co., Ltd. (GTSM:3272) announced a private placement of 1,900 1st series domestic unsecured convertible corporate bonds at TWD 100,000 per bond for gross proceeds of TWD 190,000,000 on December 6, 2016. The bonds will be issued at its par value. The bonds will mature at five years from the date of issue and will carry a coupon of 1% per annum. The bonds are convertible into common shares at TWD 45.6 per share.