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BRIEF-Barunson Entertainment & Arts to issue 18th series convertible bonds worth 4.3 bln won
April 25, 2017 / 2:00 AM / 5 months ago

BRIEF-Barunson Entertainment & Arts to issue 18th series convertible bonds worth 4.3 bln won

April 25 (Reuters) - Barunson Entertainment & Arts Corp :

* Says it will issue 18th series unregistered and unsecured private convertible bonds, to raise 4.3 billion won in proceeds for operations

* Maturity date is April 28, 2021, coupon rate is 0 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 2,795 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/AoHzea

Further company coverage: (Beijing Headline News)

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