S&C Engine Group Limited (KOSE:A900080) announced a private placement of bonds series no 2 for gross proceeds of KRW 25,000,000,000 on July 10, 2012. The company will also issue warrants. The exercise price of warrant is KRW 3,277 per share. The bonds carry a coupon rate of 2% and yield to maturity of 5%. The bonds will mature on July 12, 2017. The board of directors of the company approved the transaction. The payment date is July 12, 2012. The exercise period of warrants is July 12, 2013 to June 12, 2017. On July 12, 2012, S&C Engine Group Limited closed the transaction.