Brief: Welcron Kangwon to issue 3rd series convertible bonds worth 18 bln won

Kangwon Energy

07/06/2018 11:09

June 7 (Reuters) - Welcron Kangwon Co Ltd  114190.KQ  :
    
    * Says it will issue 3rd series unregistered and unsecured
private convertible bonds, to raise 18 billion won in proceeds
for operations and investment 
    * Maturity date is June 14, 2021, coupon rate is 0 percent
and yield to maturity is 3 percent for the bonds
    * Conversion price is 4,608 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/NzG4E5
    Further company coverage:  114190.KQ 

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