Brief: GemVax Technology to issue 13th series convertible bonds worth 14.25 bln won

Flask Co

04/01/2018 05:16

Jan 4 (Reuters) - GemVax Technology Co Ltd  041590.KQ  : 
     
    * Says it will issue 13th series unregistered and unsecured 
private convertible bonds, to raise 14.25 billion won in 
proceeds for operations and investment as well as other fund 
    * Maturity date is Feb. 2, 2021, coupon rate is 0 percent 
and yield to maturity is 4 percent for the bonds 
    * Conversion price is 4,837 won/share and conversion ratio 
is 100 percent  
     
    Source text in Korean: https://goo.gl/xN6aSu 
    Further company coverage:  041590.KQ  
 
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