Para Light Electronics Co., Ltd. (TSEC:6226) announced a private placement of 2,000 fourth series domestic secured convertible corporate bonds at TWD 100,000 per share for gross proceeds of TWD 200,000,000 on September 24, 2014. The bonds will have a maturity period of 3 years and a coupon rate of 0%. Cathay Securities Corporation will act as an underwriter to the transaction.