DAE-IL Corporation (KOSE:A092200) announced a private placement of 5th series unregistered coupon unguaranteed non-detachable private bonds with warrants for gross proceeds of KRW 20,500,000,000 on March 8, 2019. The transaction will involve participation from new investors Hanyang Securities Co. Ltd., Investment Arm for KRW 4,000,000,000, Mirae Asset treatment corporation from trust dealers concerned position of The Platform Smart Mezzanine 4.0 Hedge Fund 7, The Platform Mezzanine Multi-strategy Hedge Fund 1, The Platform Mezzanine Multi-strategy Hedge Fund 2, The Platform Mezzanine income Hedge Fund 1, The Platform Mezzanine IPO Hedge Fund 1, and The platform Multi-strategy Hedge Fund 1 for KRW 3,100,000,000, Korea Investment & Securities Co., Ltd., Investment Arm for KRW 3,000,000,000 and 8 other investors. The bonds will carry no coupon rate and a yield to maturity of 2.5%. The bonds will mature on March 15, 2024. The warrants will be fully exercisable at an exercise price of KRW 6,795 into 3,016,924 shares from March 15, 2020 to February 15, 2024. The subscription and payment date of the transaction are March 12, 2019 and March 15, 2019 respectively. The transaction was approved by the board of directors of the company.