[DISCLOSURE] Seven Star Works (121800) will issue convertible bonds worth 2 billion won (US$1.8 million) and offer to KN No.2 investment partnership to raise capital, it said on Aug. 8.

The coupon rate and the maturity rate stands at 2 percent and 5 percent, respectively and expires Aug. 8, 2019.

The conversion price is 7,878 won and the conversion period is from Aug. 8, 2016 to Aug. 8, 2019.