Solteam Electronics Co., Ltd. (GTSM:3484) announced a private placement of first series domestic unsecured convertible corporate bonds for gross proceeds of TWD 201,000,000 in a round of funding on September 3, 2014. The bonds have a par value of TWD 100,000 and will be issued at an issue price between 100% and 105% of the par value. The bonds will mature after three years from closing and bear zero interest.

KGI Securities will act as the underwriter to the company.