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BRIEF-By On to issue 27th series convertible bonds worth 3 bln won
January 6, 2017 / 9:37 AM / 9 months ago

BRIEF-By On to issue 27th series convertible bonds worth 3 bln won

Jan 6 (Reuters) - By On Co Ltd :

* Says it will issue 27th unregistered/unsecured convertible bonds worth of 3 billion won

* Says a 100 pct conversion rate of bonds to common shares at 1,968 won/share

* Says annual coupon rate is 0 percent and yield to maturity is 3 percent, conversion period from Jan. 25, 2018 to Dec. 25, 2019

Source text in Korean: goo.gl/kCWz3a

Further company coverage: (Beijing Headline News)

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