Brief: Seoul Electronics & Telecom to issue 8th convertible bonds worth 5.5 bln won

Seoul Electronics & Telecom

08/12/2016 09:48

Dec 8 (Reuters) - Seoul Electronics & Telecom  027040.KQ  : 
     
    * Says it will issue 8th registered and unsecured private 
convertible bonds, to raise 5.5 billion won in proceeds for 
investment funds 
    * Says maturity date is Dec. 9, 2019, coupon rate is 0 
percent and yield to maturity is 2 percent for the bonds 
    * Says a 100 percent conversion rate of bonds to common 
shares at 1,218 won per share  
     
     
    Source text in Korean: https://goo.gl/wnnGaI 
    Further company coverage:  027040.KQ   
 
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