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BRIEF-Cubes to issue 11th series convertible bonds worth 25 bln won
May 23, 2017 / 8:56 AM / 7 months ago

BRIEF-Cubes to issue 11th series convertible bonds worth 25 bln won

May 23 (Reuters) - Cubes Inc :

* Says it will issue 11th series unregistered and unsecured private convertible bonds, to raise 25 billion won in proceeds for investment

* Maturity date is June 16, 2020, coupon rate is 2 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 6,885 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/InFs79

Further company coverage: (Beijing Headline News)

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