Brief: Daechang Solution to issue 1st series bonds with warrants worth 10 bln won

Daechang Solution

24/04/2018 04:29

April 24 (Reuters) - Daechang Solution Co Ltd  096350.KQ  :
    
    * Says it will issue 1st series unregistered and unsecured
private bonds with warrants, to raise 10 billion won in proceeds
for operations and investment fund 
    * Maturity date is July 9, 2021, coupon rate is 0 percent
and yield to maturity is 4 percent for the bonds
    * Exercise price is 1,875 won/share and exercise ratio is
100 percent 
    
    Source text in Korean: https://goo.gl/YC2Gy8
    Further company coverage:  096350.KQ 

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