Codes Combine Co.,Ltd. (KOSE:A047770) announced a private placement of series 5 bonds with warrants for gross proceeds of KRW 6,000,000,000 on April 10, 2012. The bonds will mature on April 12, 2015 and carry coupon rate of 3% and yield to maturity of 6%. The warrants issued in the transaction will be exercisable into common shares at KRW 1,636 per share from April 12, 2012 till March 12, 2015. The board of directors of the company approved the transaction. On April 12, 2012, Codes Combine Co.,Ltd. closed the transaction.