Brief: JOOYON TECH to issue first convertible bonds worth 6 bln won

Jooyon Tech Co

10/05/2016 07:29

May 10 (Reuters) - JOOYONTECH CO.,LTD.  044380.KS  : 
     
    * Says it to issue the first unregistered/unsecured private 
convertible bonds, raising 6 billion won in proceeds for 
operations 
    * Maturity date of May 12, 2019, yield to maturity of 3.5 
pct and annual coupon of 3.5 pct, lump-sum redemption of 
principal on maturity date for the bonds 
    * A 100 pct conversion rate of bonds to common shares at 900 
won per share, and a conversion period from May 12, 2017 to May 
12, 2019 
     
     
    Source text in Korean: http://goo.gl/9SOq3v 
    Further company coverage: 044380.KS  
 
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Keywords: JOOYON TECH/BRIEF