Brief: Tongyang Networks to issue second convertible bonds worth 27.5 bln won

BK Tops Co

10/11/2016 08:57

Nov 10 (Reuters) - Tongyang Networks Co Ltd  030790.KS  : 
     
    * Says it will issue second unregistered and unsecured 
private convertible bonds to raise 27.5 billion won in proceeds 
for other funds 
    * Says maturity date is Nov. 14, 2021, coupon rate is 1 
percent and yield to maturity is 3 percent for the bonds 
    * Conversion price is 1,106 won per share 
     
     
    Source text in Korean: https://goo.gl/aXt83K 
    Further company coverage:  030790.KS  
 
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