Bosung Power Technology Co. Ltd. (KOSE:A006910) announced a private placement of registered cum coupon private convertible bonds of series no. 11 with KDB Private Equity, for gross proceeds of KRW 5,000,000,000 on September 5, 2012. Payment date for the transaction will be September 7, 2012. The bond has a coupon rate of 4% per annum, a yield to maturity of 6%, are 100% convertible, and matures on September 7, 2014. The bonds convert at KRW 2,125 per share. The conversion period starts on September 7, 2013 and ends on September 6, 2014.

On September 7, 2012, Bosung Power Technology Co. Ltd. closed the transaction.