[DISCLOSURE] Sports Seoul (039670) will issue convertible bonds worth 3.5 billion won (US$ 3.07 million) to fund its operations, it announced on July 20. The bonds will be offered to Minkook Savings Bank with its coupon rate and the rate of its yield to maturity both standing at 5.0 percent. The maturity date is July 22, 2021. The conversion period is between July 22, 2017, and June 22, 2021, and the conversion price is 3,395 won per share.