January 18, 2018 / 3:06 AM / 3 months ago

BRIEF-GL Pharm Tech to issue 3rd series convertible bonds worth 2 bln won

Jan 18 (Reuters) - GL Pharm Tech Corp :

* Says it will issue 3rd series registered and unsecured private convertible bonds, to raise 2 billion won in proceeds for operations

* Maturity date is Jan. 16, 2025, coupon rate is 2.5 percent and yield to maturity is 2.5 percent for the bonds

* Conversion price is 4,955 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/4Md1rh

Further company coverage: (Beijing Headline News)

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