Fine DNC Co. Ltd. (KOSDAQ:A049120) announced a private placement of second unregistered unsecured private convertible bonds for gross proceeds of KRW 10,000,000,000 on July 19, 2016. The bonds will mature on July 21, 2021. The bonds will be convertible into common shares at KRW 1,881 per share. The conversion period will start from July 21, 2017 and will end on June 21, 2021. The transaction will include participation from four asset management companies. The transaction has been approved by the board of directors of the company.