November 7, 2016 / 9:18 AM / 10 months ago

BRIEF-HLB Power to issue 4th convertible bonds worth 2 bln won

Nov 7 (Reuters) - HLB Power Co Ltd :

* Says it will issue 4th unregistered and unsecured convertible bonds, to raise 2 billion won in proceeds for operations

* Says maturity date is Nov. 15, 2019, coupon rate is 1 percent and yield to maturity is 3 percent for the bonds

* Conversion price is 2,322 won per share

Source text in Korean: goo.gl/ZIDZJ5

Further company coverage: (Beijing Headline News)

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