Brief: New Pride to issue 18th series convertible bonds worth 3 bln won

PhionX

13/03/2018 04:15

March 13 (Reuters) - New Pride Corp  900100.KQ  :
    
    * Says it will issue 18th series unregistered and unsecured
private convertible bonds, to raise 3 billion won in proceeds
for operations 
    * Maturity date is March 13, 2021, coupon rate is 3 percent
and yield to maturity is 7 percent for the bonds
    * Conversion price is 4,068 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/22XoQn
    Further company coverage:  900100.KQ 

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