Brief: Ace Technologies to issue 21th series convertible bonds worth 25 bln won

Ace Technologies

02/05/2018 11:13

May 2 (Reuters) - Ace Technologies Corp  088800.KQ  :
    
    * Says it will issue 21th series unregistered and unsecured
private convertible bonds, to raise 25 billion won in proceeds
for operations 
    * Maturity date is May 4, 2023, coupon rate is 0 percent and
yield to maturity is 1 percent for the bonds
    * Conversion price is 4,306 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/o1q34r
    Further company coverage:  088800.KQ 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))