Dayou Plus Co., Ltd. (KOSE:A000300) announced a private placement of fourth series unregistered coupon unguaranteed private convertible bonds for gross proceeds of KRW 15,000,000,000 on February 19, 2018. The transaction will include participation from Alpen Route Fleet 9 Hedge Fund 1 for KRW 13,000,000,000, Quad Definition 3 Hedge Fund 1 for KRW 1,400,000,000, Quad Definition 4 Asia Absolute Hedge Fund 1 for KRW 400,000,000, and Quad Definition 3 Hedge Fund 2 for KRW 200,000,000. The company will issue bonds at par. The bonds carry fixed interest rate of 4% per annum and yield to maturity of 4%. The bonds will mature on March 21, 2023. The bonds are convertible at a fixed conversion price of KRW 850 per share from March 21, 2019 to February 21, 2023. The payment date is March 21, 2018. The transaction has been approved by the board of directors of the company.