Woory Industrial Co. Ltd. (KOSE:A072470) announced a private placement of round 2 unregistered coupon unsecured private convertible bonds for gross proceeds of KRW 5,000,000,000 with new investor, AJU Hidden Champion Fund 4 on July 20, 2012. The bonds carry coupon rate of 3% and yield to maturity of 5.5%. The bonds will mature on July 24, 2016. The bonds will be convertible into registered common stock of the company at conversion price of KRW 4,170 per share. The conversion period will start from July 24, 2013 and will end on June 24, 2016. The payment date is July 24, 2012. On July 24, 2012, Woory Industrial Co. Ltd. closed the transaction.