Brief: U-Tech to issue third convertible bonds worth 5 bln won

IlWoul GML Co

17/11/2016 09:39

Nov 17 (Reuters) - U-Tech Co Ltd  178780.KQ  : 
 
    * Says it will issue third unregistered and unsecured 
private convertible bonds to raise 5 billion won in proceeds for 
operations  
    * Says maturity date is Nov. 28, 2019, coupon rate is 2 
percent and yield to maturity is 3 percent for the bonds 
    * Conversion price is 9,349 won per share  
     
     
    Source text in Korean: https://goo.gl/ySxnwx 
    Further company coverage:  178780.KQ  
 
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