ReaLy Development & Construction Corp. (GTSM:2596) announced a private placement of 3,000 domestic secured convertible bonds at TWD 100,000 per bond for gross proceeds of TWD 300,000,000 on April 9, 2014. The bonds bear zero coupon and will mature in three years after issuance.

On August 14, 2014, the company announced that it has amended the terms of the transaction. The company will issue second series domestic secured convertible corporate bonds in the transaction. The company amended the conversion price from TWD 19.31 to TWD 17.66 per share.