Brief: New Pride to issue 14th series convertible bonds worth 1.1 bln won

PhionX

12/04/2017 04:14

April 12 (Reuters) - New Pride Corp  900100.KQ  : 
     
    * Says it will issue 14th series unregistered and unsecured 
private convertible bonds, to raise 1.1 billion won in proceeds 
for operations  
    * Maturity date is April 12, 2020, coupon rate is 3 percent 
and yield to maturity is 7 percent for the bonds 
    * Conversion price is 2,890 won/share and conversion ratio 
is 100 percent 
     
    Source text in Korean: https://goo.gl/q3E7Kr 
    Further company coverage:  900100.KQ  
 
 (Beijing Headline News) 
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