Brief: Nics Tech to issue 2nd series convertible bonds worth 9 bln won

Setopia Co

12/02/2018 10:21

Feb 12 (Reuters) - Nics Tech Co Ltd  222810.KQ  : 
     
    * Says it will issue 2nd series registered and unsecured 
private convertible bonds, to raise 9 billion won in proceeds 
for investment  
    * Maturity date is March 27, 2021, coupon rate is 3 percent 
and yield to maturity is 4 percent for the bonds 
    * Conversion price is 2,813 won/share and conversion ratio 
is 100 percent  
     
    Source text in Korean: https://goo.gl/whjJmf 
    Further company coverage:  222810.KQ  
 
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