Brief: Soosung to issue 6th series convertible bonds worth 4 bln won

Soosung Webtoon

22/11/2017 09:22

Nov 22 (Reuters) - Soosung Co Ltd  084180.KQ  : 
     
    * Says it will issue 6th series unregistered/unsecured 
convertible 
bonds worth of 4 billion won 
    * Says a 100 percent conversion rate of bonds to common 
shares at 
5,891 won/share 
    * Says annual coupon rate is 6.5 percent and yield to 
maturity is 
6.5 percent, and conversion period from Nov. 23, 2018 to Oct. 
23, 2020     
 
     
    Source text in Korean: https://goo.gl/ppgZNw 
    Further company coverage:  084180.KQ  
 
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