S-Energy Co., Ltd. (KOSDAQ:A095910) announced a private placement of second unregistered/unsecured coupon unguaranteed private convertible bonds for gross proceeds of KRW 20,000,000,000 on June 23, 2015. Eugene investment & Securities Co., Ltd., Investment Arm; NH Investment & Securities Co., Ltd., Investment Arm; Synergy Partners Co., Ltd.; Susung Asset Management Co., Ltd.; KTB Asset Management Co. along with Korea Securities Finance Corporation, Investment Arm; and IBK Capital Corporation each will invest KRW 6,000,000,000; KRW 3,000,000,000; KRW 3,000,000,000; KRW 3,000,000,000; KRW 3,000,000,000; and KRW 2,000,000,000 respectively.

The bonds will not carry any coupon. The bonds will have a yield to maturity of 2.5%. The bonds are redeemable on its maturity, June 25, 2019.

The bonds are 100% convertible in to common shares at fixed conversion price of KRW 10,000 per share from June 25, 2016 to May 25, 2019. The securities will be issued at its par value. The board of directors approved the transaction.