Brief: LOTVacuum to issue first series convertible bonds worth 10 bln won

LOT Vacuum

27/02/2017 04:00

Feb 27 (Reuters) - LOTVacuum Co Ltd  083310.KQ  : 
     
    * Says it will issue first series unregistered and unsecured 
private convertible bonds, to raise 10 billion won in proceeds 
for operations 
    * Maturity date is Feb. 28, 2022, coupon rate is 0 percent 
and yield to maturity is 0 percent for the bonds 
    * Conversion price is 13,904 won/share and conversion ratio 
is 100 percent  
     
     
    Source text in Korean: https://goo.gl/DCrAVF 
    Further company coverage:  083310.KQ  
 
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