Uni-Chem Co., Ltd. (KOSE:A011330) announced a private placement of 14th series unregistered and unsecured private convertible bonds for gross proceeds of KRW 5,000 million on June 19, 2017. The transaction involves the participation of Ace New Technology Fund 2 for KRW 1,000,000,000, Assam Mezzanine Plus Fund 1 for KRW 300,000,000, Assam Mezzanine Plus Fund 2 for KRW 300,000,000,Assam Mezzanine Plus Fund 3 for KRW 400,000,000, ASAM Multi Strategic Private Investment Fund 1 for KRW 500,000,000, ASAM Mezzanine Focus Private Investment Fund 1 for KRW 100,000,000, ASAM High Yield Mezzanine Alpha Private Investment Fund 1 for KRW 200,000,000, incomiz CO.LTD for KRW 300,000,000, Kaya Shipping Co., Ltd. for KRW 100,000,000, Kang, Dowon for KRW 200,000,000, Kim, Kyobum for KRW 300,000,000, Kim, Dongjun for KRW 200,000,000, Kim, Myungjun for KRW 100,000,000, Kim, Mikyung for KRW 100,000,000, Moon, Sungwon for KRW 300,000,000, Oh, Seungrok for KRW 100,000,000, Lee, Jaeho for KRW 300,000,000 and Ham, Dooyoung for KRW 200,000,000. The bonds will carry coupon rate of 1% and yield to maturity rate of 4.5%. The bonds will mature on June 20, 2020. The bonds are 100% convertible into common shares of the company at a price of KRW 1,598 per share.