December 19, 2017 / 8:32 AM / a month ago

BRIEF-Kukdong to issue 8th series convertible bonds worth 5.5 bln won

Dec 19 (Reuters) - Kukdong Corp :

* Says it will issue 8th series convertible bonds worth of 5.5 billion won

* Says a 100 percent conversion rate of bonds to common shares at 3,245 won/share

* Says annual coupon rate is 0 percent and yield to maturity is 2 percent, and conversion period from Dec. 21, 2018 to Nov. 21, 2023

Source text in Korean: goo.gl/beBmE6

Further company coverage: (Beijing Headline News)

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