Daehan New Pharm Co., Ltd. (KOSE:A054670) announced a private placement of bonds series no. 2 for gross proceeds of KRW 5,000,000,000 on May 23, 2012. The bonds carry a coupon rate of 3% and yield to maturity of 6.5%. The bonds mature on May 24, 2015. The company will also issue warrants exercisable at KRW 6,451 per share from May 24, 2013 to April 24, 2015. The transaction is expected to close on May 24, 2012. On May 24, 2012, Daehan New Pharm Co., Ltd. closed the transaction.