Cosmo Advanced Materials & Technology Co., Ltd. (KOSE:A005070) announced a private placement of 65th overseas unregistered private convertible bonds for gross proceeds of KRW 11,420,000,000 on November 8, 2016. The bonds will bear interest at a fixed rate of 2% per annum and will have a yield to maturity of 5%. The bonds will mature on November 30, 2021. The bonds will be100% convertible into common shares at a fixed conversion price of KRW 5,318 per share from November 30, 2017 to October 31, 2021. The transaction has been approved by the board of the company.