YoungWoo DSP Co., Ltd. (KOSDAQ:A143540) announced a private placement of 2nd unregistered coupon unguaranteed private placement convertible bonds for proceeds of KRW 9,000,000,000 and 1st unregistered coupon unguaranteed private non-detachable bonds with warrants for proceeds of KRW 6,000,000,000 for gross proceeds of KRW 15,000,000,000 on October 7, 2016. The transaction will include participation from new investors, Woori Partnership New Technology Private Equity Fund, a fund managed by Woori Private Equity for KRW 6,500,000,000, KB Intellectual Property Investment Fund, a fund managed by KB Investment Co., Ltd. for KRW 5,500,000,000, and G.N.TECH Master Secondary Investment Fund, a fund managed by G.N.TECH Venture Capital Co., Ltd. for KRW 3,000,000,000. The company will issue bonds at par. The bonds carry zero coupon rate and carry fixed yield to maturity of 1%. The bonds are convertible at fixed conversion price of KRW 20,802 per share. The conversion period of shares and exercise of warrants starts from October 12, 2017 to September 12, 2021. The bonds will mature on October 12, 2021. The warrants are exercisable at KRW 28,802 per share. The subscription date is October 11, 2016. The payment date is October 12, 2016. The transaction has been approved by the board of directors of the company.