Brief: Clover Hitechnology to issue 1st series convertible bonds worth 10 bln won
19/10/2018 03:54
Oct 19(Reuters) - Clover Hitechnology Co Ltd 043590.KQ :
* Says it plans to issue 1st series unregistered convertible
bonds
worth 10 billion won
* Says a 100 percent conversion rate of bonds to common
shares at
4,150 won/share
* Says annual coupon rate is 3 percent and yield to maturity
is 3
percent, and conversion period from Nov. 23, 2019 to Oct. 23,
2023
Source text in Korean: https://goo.gl/DKUD4r
Further company coverage: 043590.KQ
(Beijing Headline News)
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