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BRIEF-CTL to issue 10th series convertible bonds worth 10 bln won
September 22, 2017 / 9:19 AM / a month ago

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

Sept 22 (Reuters) - CTL Inc :

* Says it will issue 10th series unregistered/unsecured convertible bonds worth of 10 billion won

* Says a 100 percent conversion rate of bonds to common shares at 2,336 won/share

* Says annual coupon rate is 2 percent and yield to maturity is 2 percent, and conversion period from Nov. 1, 2018 to Oct. 1, 2020

Source text in Korean: goo.gl/kThXpp

Further company coverage: (Beijing Headline News)

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