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BRIEF-Ace Technologies to issue 17th series convertible bonds worth 15 bln won
July 4, 2017 / 8:45 AM / 5 months ago

BRIEF-Ace Technologies to issue 17th series convertible bonds worth 15 bln won

July 4 (Reuters) - Ace Technologies Corp :

* Says it 17th series unregistered/unsecured convertible bonds worth of 15 billion won

* Says a 100 percent conversion rate of bonds to common shares at 5,019 won/share

* Says annual coupon rate is 7.5 percent and yield to maturity is 7.5 percent, and conversion period from July 5, 2018 to June 25, 2019

Source text in Korean: goo.gl/euRTkj

Further company coverage: (Beijing Headline News)

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