Brief: Fortis to issue 17th series convertible bonds worth 10 bln won

DSNL Co

19/07/2018 08:57

July 19 (Reuters) - Fortis Inc  141020.KQ  :
    
    * Says it will issue 17th series unregistered and unsecured
private convertible bonds, to raise 10 billion won in proceeds
for operations 
    * Maturity date is Aug. 20, 2021, coupon rate is 0 percent
and yield to maturity is 4 percent for the bonds
    * Conversion price is 2,130 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/dQiVM1
    Further company coverage:  141020.KQ 

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