Brief: Daechang Solution to issue 3rd series convertible bonds worth 10 bln won

Daechang Solution

24/04/2018 04:32

April 24 (Reuters) - Daechang Solution Co Ltd  096350.KQ  :
    
    * Says it will issue 3rd series unregistered unsecured
convertible bonds, 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
    * Conversion price is 1,875 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/FpxSyL
    Further company coverage:  096350.KQ 

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