Brief: PUMYANG CONSTRUCTION to issue convertible bonds worth 10 bln won

Bumyang Construction

23/08/2016 09:49

Aug 23 (Reuters) - PUMYANG CONSTRUCTION CO.,LTD 002410.KS : 
     
    * Says it will issue the fifth unregistered/unsecured 
private convertible bonds, raising 10 billion won in proceeds 
for investment funds 
    * Maturity date of Aug. 24, 2019, yield to maturity of 7.5 
pct and annual coupon of 3.5 pct, lump-sum redemption of 
principal on maturity date for the bonds 
    * A 100 pct conversion rate of bonds to common shares at 
13,222 won per share 
     
     
    Source text in Korean: http://goo.gl/Z3DO34 
    Further company coverage:[http://goo.gl/Z3DO34] 
 
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