Brief: U-Tech to issue 4th series convertible bonds worth 5 bln won

IlWoul GML Co

01/02/2017 10:37

Feb 1 (Reuters) - U-Tech Co Ltd  178780.KQ  : 
     
    * Says it will issue 4th series unregistered/unsecured 
convertible bonds worth of 5 billion won 
    * Says a 100 percent conversion rate of bonds to common 
shares at 9,407 won/share 
    * Says annual coupon rate is 4 percent and yield to maturity 
is 5 percent, and conversion period from Feb. 21, 2018 to Feb. 
20, 2020 
     
     
    Source text in Korean: https://goo.gl/YSgye9 
    Further company coverage:  178780.KQ  
 
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