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021040 DHSteel News Story

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Brief: Daeho P&C to issue 3rd series convertible bonds worth 25 bln won

March 27 (Reuters) - Daeho P&C Co Ltd  021040.KQ  :
    
    * Says it will issue 3rd series unregistered and unsecured
private convertible bonds, to raise 25 billion won in proceeds
for operations 
    * Maturity date is May 31, 2021, coupon rate is 0 percent
and yield to maturity is 2.5 percent for the bonds
    * Conversion price is 1,770 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/3zbt5Z
    Further company coverage:  021040.KQ 

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

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