Brief: DONGBU STEEL announces private placement of common shares

KG DongbuSteel

09/05/2016 09:54

May 9 (Reuters) - DONGBU STEEL CO.,LTD   016380.KS  : 
     
    * Says it to issue 20 million shares of common stock through 
private placement, with par value of 5,000 won per share, for 
debt-equity swap 
    * Sets issue price at 10,000 won per share, to raise 
proceeds of 200 billion won for other uses 
    * Listing date of May 25 for the new shares 
     
     
    Source text in Korean: http://goo.gl/oAYjfJ 
    Further company coverage: 016380.KS  
 
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Keywords: DONGBU STEEL KR/BRIEF