Next Entertainment World Co., Ltd. (KOSDAQ:A160550) announced a private placement of second registered private convertible bonds for gross proceeds of KRW 5,000,000,000 on December 21, 2016. The transaction included participation from new investor KEB Hana Bank Samsung-yeok Corporate Banking Center. The bonds carry fixed coupon rate and yield to maturity of 3.642% per annum. The bonds are convertible into shares of the company at a fixed conversion price of KRW 30,000 per share. The conversion period starts from June 21, 2019 and will end on November 21, 2019. The company issued bonds at par. The bonds carry maturity date of December 21, 2019. The transaction has been approved by the board of directors of the company.