[DISCLOSURE] ESTsoft (047560) announced on July 4 that it will issue convertible bonds to raise 10 billion won (US$8.72 million) for operating funds.

The bonds will be sold at a yield to maturity of 1.0 percent.
A 100 percent conversion rate of bonds to common shares at 11,298 won per share, and a conversion period from July 6, 2017, was also announced.