Brief: Tae Yang C&L to issue 5th series convertible bonds worth 3 bln won

GenNBio

10/03/2017 03:40

March 10 (Reuters) - Tae Yang C&L Co Ltd  072520.KQ  : 
     
    * Says it will issue 5th series unregistered and unsecured 
private convertible bonds, to raise 3 billion won in proceeds 
for operations  
    * Maturity date is April 5, 2020, coupon rate is 2 percent 
and yield to maturity is 5 percent  
    * Conversion price is 1,430 won/share and conversion ratio 
is 100 percent  
     
    Source text in Korean: https://goo.gl/vaOmzu 
    Further company coverage:  072520.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))