Brief: Gaeasoft to issue 7th series convertible bonds worth 999 mln won

Gaeasoft

18/04/2017 10:39

April 18 (Reuters) - Gaeasoft  051160.KQ  : 
     
    * Says it will issue 7th series unregistered/unsecured 
convertible bonds worth of 999 million won 
    * Says a 100 percent conversion rate of bonds to common 
shares at 1,628 won/share 
    * Says annual coupon rate is 5 percent and yield to maturity 
is 5 percent, and conversion period from July 24 to March 24, 
2020 
     
     
    Source text in Korean: https://goo.gl/WXsLMe 
    Further company coverage:  051160.KQ  
 
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