Dongwon Metal Co.,Ltd. (KOSE:A018500) announced a private placement of third unsecured convertible bonds for gross proceeds of KRW 3,000,000,000 with new investor, KDB Private Equity on September 30, 2014. The bonds will carry an annual coupon rate of 1% and will be fully convertible into shares of the company at a price of KRW 1,802 per share from September 30, 2015 to September 30, 2017. The bonds carry a yield to maturity of 5.8% and will mature on September 30, 2017.