CURO HOLDINGS Co., Ltd. (KOSDAQ:A051780) announced a private placement of 11th unregistered unsecured unguaranteed private convertible bonds for gross proceeds of KRW 5,000,000,000 on September 5, 2016. The bonds will be issued at its par value. The transaction will include participation from K Partners Co., Ltd. The bonds will carry a fixed interest of 4% per annum and yield to maturity of 8%. The bonds will mature on September 6, 2019. The bonds are fully convertible into registered common stock of the company at a fixed conversion price of KRW 2,109 per share. The conversion period of the bonds will commence on September 6, 2017 and end on August 6, 2019. The payment date for the bonds is expected on September 6, 2016. The transaction was approved by the board of directors of the company.