UVAT Technology Co., Ltd. (GTSM:3580) announced that a private placement of 2,000 first series domestic secured convertible corporate bonds at TWD 100,000 per bond for gross proceeds of TWD 200,000,000 on December 23, 2014. The bonds to be issued have a par value TWD 100,000 per bond, will mature in three years, and does not carry any interest. CTBC Securities Co., Ltd. will act as the underwriter in the transaction.