Brief: KUKDONG to issue convertible bonds worth 20 bln won

OnTide

27/06/2016 09:38

June 27 (Reuters) - KUKDONG CORPORATION   005320.KS : 
     
    * Says it will issue the seventh unregistered/unsecured 
private convertible bonds, raising 20 billion won in proceeds 
    * Maturity date of June 29, 2022, yield to maturity of 2.0 
pct and annual coupon of 0.0 pct, lump-sum redemption of 
principal on maturity date for the bonds 
    * A 100 pct conversion rate of bonds to common shares at 
10,550 won per share, and a conversion period from June 29, 2017 
to May 29, 2022 
     
     
    Source text in Korean: http://me2.do/GdEPX8TU 
    Further company coverage: 005320.KS  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: lusha.zhang.reuters.com@reuters.net))