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BRIEF-Wave Electronics to issue 5th series convertible bonds worth 7 bln won
August 18, 2017 / 2:15 AM / 3 months ago

BRIEF-Wave Electronics to issue 5th series convertible bonds worth 7 bln won

Aug 18 (Reuters) - Wave Electronics Co Ltd :

* Says it will issue 5th series unregistered and unsecured private convertible bonds, to raise 7 billion won in proceeds for operations

* Maturity date is Aug. 22, 2020, coupon rate is 0 percent and yield to maturity is 3 percent for the bonds

* Conversion price is 24,099 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/PfvqGH

Further company coverage: (Beijing Headline News)

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