Brief: Kukdong to issue 8th series convertible bonds worth 5.5 bln won

OnTide

19/12/2017 08:31

Dec 19 (Reuters) - Kukdong Corp  005320.KS  : 
     
    * Says it will issue 8th series convertible bonds worth of 
5.5 
billion won 
    * Says a 100 percent conversion rate of bonds to common 
shares at 
3,245 won/share 
    * Says annual coupon rate is 0 percent and yield to maturity 
is 2 
percent, and conversion period from Dec. 21, 2018 to Nov. 21, 
2023 
 
     
    Source text in Korean: https://goo.gl/beBmE6 
    Further company coverage:  005320.KS  
 
 (Beijing Headline News) 
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Reuters Messaging: Yinglan.Ma@thomsonreuters.com@reuters.net))