Dafeng TV Ltd. (TSEC:6184) announced a private placement of 20,000 second series domestic unsecured convertible bonds at a price of TWD 100,000 per bond for gross proceeds of TWD 2,000,000,000 on November 3, 2015. The bonds will be issued at par value. The bonds will have maturity period of three years. The bonds will not bear any coupon rate.

On January 11, 2016, the company announced that the conversion price of bonds will be TWD 54.5 per share.