Trais Co., Ltd. (KOSDAQ:A052290) announced a private placement of 36th unregistered/unsecured unguaranteed private convertible bonds for gross proceeds of KRW 1,000,000,000 on September 30, 2016. The transaction will include participation from new investor Synopex Inc. (KOSDAQ:A025320). The company will issue bonds at par. The bonds carry fixed 3% yield to maturity. The bonds will mature on October 4, 2019. The bonds are convertible at fixed conversion price of KRW 2,115 per share. The conversion period of bonds is October 4, 2017 to September 4, 2019. The subscription date is September 30, 2016 and the payment date is October 4, 2016. The transaction has been approved by the board of directors of the company.