Brief: ChoongAng Ocean to issue 10th series convertible bonds worth 7 bln won

Medicox

14/12/2016 09:14

Dec 14 (Reuters) - ChoongAng Ocean Co Ltd  054180.KQ  : 
     
    * Says it will issue 10th series unregistered and unsecured 
private convertible bonds to raise 7 billion won  
    * Says maturity date is Dec. 20, 2019, coupon rate is 0 
percent and yield to maturity is 1 percent 
    * Says a 100 pct conversion rate of bonds to common shares 
at 2,165 won/share 
     
     
    Source text in Korean: https://goo.gl/Ivg7ZC 
    Further company coverage:  054180.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; Reuters Messaging: 
Yinglan.Ma@thomsonreuters.com@reuters.net))