Brief: People & Technology to issue 5th series convertible bonds worth 20 bln won

People & Technology

02/05/2018 09:40

May 2 (Reuters) - People & Technology Inc  137400.KQ  :
    
    * Says it will issue 5th series unregistered and unsecured
private convertible bonds, to raise 20 billion won in proceeds
for operations 
    * Maturity date is May 4, 2023, coupon rate is 0 percent and
yield to maturity is 0 percent for the bonds
    * Conversion price is 15,131 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/DLq8Du
    Further company coverage:  137400.KQ 

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