March 2, 2018 / 3:02 AM / 3 months ago

BRIEF-Kolen to issue 10th series convertible bonds worth 15 bln won

March 2 (Reuters) - Kolen Co Ltd :

* Says it will issue 10th series unregistered and unsecured private convertible bonds, to raise 15 billion won in proceeds for facilities and operations

* Maturity date is March 8, 2023, coupon rate is 0 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 1,571 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/yivei8

Further company coverage: (Beijing Headline News)

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