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BRIEF-Barunson Entertainment & Arts to issue 19th series convertible bonds worth 3.1 bln won
April 25, 2017 / 2:01 AM / 5 months ago

BRIEF-Barunson Entertainment & Arts to issue 19th series convertible bonds worth 3.1 bln won

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

* Says it will issue 19th series unregistered and unsecured private convertible bonds, to raise 3.1 billion won in proceeds for operations

* Maturity date is April 28, 2022, coupon rate is 2 percent and yield to maturity is 6 percent for the bonds

* Conversion price is 29,500 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/daaGTF

Further company coverage: (Beijing Headline News)

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