Brief: Ace Technologies to issue 17th series convertible bonds worth 15 bln won

Ace Technologies

04/07/2017 09:44

July 4 (Reuters) - Ace Technologies Corp  088800.KQ  : 
     
    * Says it 17th series unregistered/unsecured convertible 
bonds worth of 15 billion won 
    * Says a 100 percent conversion rate of bonds to common 
shares at 5,019 won/share 
    * Says annual coupon rate is 7.5 percent and yield to 
maturity is 7.5 percent, and conversion period from July 5, 2018 
to June 25, 2019 
     
     
    Source text in Korean: https://goo.gl/euRTkj 
    Further company coverage:  088800.KQ  
 
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