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052020 STCube News Story

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Brief: Stcube to issue 5th series convertible bonds worth 28 bln won

April 25 (Reuters) - Stcube  052020.KQ  :
    
    * Says it will issue 5th series unregistered and unsecured
private convertible bonds, to raise 28 billion won in proceeds
for operations 
    * Maturity date is May 25, 2023, coupon rate is 0 percent
and yield to maturity is 2 percent for the bonds
    * Conversion price is 15,028 won/share and conversion ratio
is 100 percent 
    
    Source text in Korean: https://goo.gl/gM76EG
    Further company coverage:  052020.KQ 

 (Beijing Headline News)
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724;
Reuters Messaging: hedy.cui.reuters.com@reuters.net))

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