May 3, 2018 / 11:28 AM / 24 days ago

BRIEF-iA to issue 5th series convertible bonds worth 5 bln won

May 3 (Reuters) - iA Inc :

* Says it will issue 5th series unregistered and unsecured private convertible bonds, to raise 5 billion won in proceeds for operations and investment

* Maturity date is May 4, 2023, coupon rate is 2 percent and yield to maturity is 5 percent for the bonds

* Conversion price is 3,550 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/TZdw6G

Further company coverage: (Beijing Headline News)

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