Brief: Nextchip to issue 9th series convertible bonds worth 7 bln won

NC& Co

24/08/2018 06:26

Aug 24 (Reuters) - Nextchip Co Ltd  092600.KQ  :    
    * Says it plans to issue 9th series unregistered/unsecured
convertible bonds worth of 7 billion won
    * Says a 100 percent conversion rate of bonds to common
shares at
8,939 won/share
    * Says annual coupon rate is 0 percent and yield to maturity
is 0
percent, and conversion period from Aug. 31, 2019 to July 31,
2023

    
    Source text in Korean: https://goo.gl/fnkhpB
    Further company coverage:  092600.KQ 

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