Brief: Daekyung Machinery & Engineering to issue 7th series convertible bonds worth 1.2 bln won

DKME

17/01/2018 03:20

Jan 17 (Reuters) - Daekyung Machinery & Engineering Co Ltd 
 015590.KS  : 
     
    * Says it will issue 7th series unregistered and unsecured 
convertible bonds, to raise 1.2 billion won in proceeds for 
operations  
    * Maturity date is Jan. 18, 2021, coupon rate is 0 percent 
and yield to maturity is 3 percent for the bonds 
    * Conversion price is 759 won/share and conversion ratio is 
100 percent  
     
    Source text in Korean: https://goo.gl/92Ku8z 
    Further company coverage:  015590.KS  
 
 (Beijing Headline News) 
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