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BRIEF-Leneco to issue 10th series convertible bonds worth 10 bln won
June 19, 2017 / 6:37 AM / 4 months ago

BRIEF-Leneco to issue 10th series convertible bonds worth 10 bln won

June 19 (Reuters) - Leneco Co Ltd :

* Says it will issue 10th series unregistered and unsecured private convertible bonds, to raise 10 billion won in proceeds for operations

* Maturity date is Aug. 25, 2020, coupon rate is 6 percent and yield to maturity is 6 percent for the bonds

* Conversion price is 1,699 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/gVwbQv

Further company coverage: (Beijing Headline News)

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