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072520 — GenNBio News Story

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Brief: Tae Yang C&L to issue 10th series convertible bonds worth 15 bln won

April 13 (Reuters) - Tae Yang C&L Co Ltd  072520.KQ  :
    
    * Says it will issue 10th series unregistered and unsecured
private convertible bonds, to raise 15 billion won in proceeds
for operations 
    * Maturity date is June 20, 2021, coupon rate is 0 percent
and yield to maturity is 4 percent for the bonds
    * Conversion price is 1,580 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/y6e7Cn
    Further company coverage:  072520.KQ 

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

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