Repure Unimax Inc. (KOSDAQ:A215090) announced a private placement of series 2 unregistered coupon non-guaranteed private convertible bonds for gross proceeds of KRW 10,000,000,000 on July 31, 2019. The transaction will include participation from PH Partners Co., Ltd. The bonds bear a fixed interest rate of 3%, yield to maturity rate of 4%, will mature on August 8, 2022, and are fully convertible into 3,816,793 common shares at a fixed conversion price of KRW 2,620 per share from August 8, 2020 till July 8, 2022. The transaction has been approved by the board of directors of the company, and is expected to close on August 8, 2019.