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BRIEF-LOTVacuum to issue first series convertible bonds worth 10 bln won
February 27, 2017 / 4:01 AM / 7 months ago

BRIEF-LOTVacuum to issue first series convertible bonds worth 10 bln won

Feb 27 (Reuters) - LOTVacuum Co Ltd :

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

* Maturity date is Feb. 28, 2022, coupon rate is 0 percent and yield to maturity is 0 percent for the bonds

* Conversion price is 13,904 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/DCrAVF

Further company coverage: (Beijing Headline News)

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