GTG Wellness Co., Ltd. announced a private placement of second registered private convertible bonds for KRW 500,000,000 on July 28, 2016. The bonds will be issued at par. The bonds will mature on July 27, 2019. The bonds carry fixed coupon rate of 0.5% per annum and yield to maturity of 5% per annum. The bonds are 100% convertible at KRW 28,500 per share from July 29, 2017 to June 26, 2019. The subscription date and payment date of the transaction is July 29, 2016. The transaction will include participation from Fine Value Mezzanine Plus Private Equity Investment Hedge Fund (Bond Balanced). The transaction has been approved by board of directors of the company.