HUNUS Inc. (KOSE:A014190) announced a private placement of convertible bond series no.2 for gross proceeds of KRW 4,000,000,000 on July 27, 2012. The bonds will mature on August 3, 2015 and has a yield to maturity of 5.50%. The bonds will bear interest at 3% per annum will be convertible into shares at KRW 8,375 per share and the exercise period is from August 3, 2013 to August 3, 2015. The company is expected to receive the payment on August 3, 2012. The board of directors of the company approved the transaction. The subscription date and payment date is August 3, 2012. On July 31, 2012, the company amended the terms of the transaction. The subscription date and payment date is August 1, 2012. The bonds will be convertible at a price of KRW 8,446 per share and the exercise period is from August 2, 2013 to August 1, 2015. The bonds will now mature on August 1, 2015. The bonds will be subscribed by KDB Private Equity. On August 1, 2012, HUNUS Inc. closed the transaction.