Isu Abxis Co. Ltd (KOSE:A086890) announced a private placement of series 2 bonds for gross proceeds of KRW 12,000,000,000 on May 23, 2012. The bonds have a coupon of 2%, a yield to maturity of 5.5%, and will mature on May 25, 2017. The company will also issue detachable warrant, which has a maturity period of May 25, 2013 to April 25, 2017 and exercise price of KRW 7,527. The warrants will have a 100% exercise rate. The payment date is May 25, 2012.