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BRIEF-Pusan Cast Iron to issue 4th series convertible bonds worth 9 bln won
September 29, 2017 / 5:40 AM / in 3 months

BRIEF-Pusan Cast Iron to issue 4th series convertible bonds worth 9 bln won

Sept 29 (Reuters) - Pusan Cast Iron Co Ltd :

* Says it will issue 4th series unregistered and unsecured public convertible bonds, to raise 9 billion won in proceeds for operations

* Maturity date is Oct. 27, 2020, coupon rate is 1 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 1,260 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/Uy3huZ

Further company coverage: (Beijing Headline News)

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