April 18, 2017 / 9:41 AM / 4 months ago

BRIEF-Gaeasoft to issue 7th series convertible bonds worth 999 mln won

April 18 (Reuters) - Gaeasoft :

* Says it will issue 7th series unregistered/unsecured convertible bonds worth of 999 million won

* Says a 100 percent conversion rate of bonds to common shares at 1,628 won/share

* Says annual coupon rate is 5 percent and yield to maturity is 5 percent, and conversion period from July 24 to March 24, 2020

Source text in Korean: goo.gl/WXsLMe

Further company coverage: (Beijing Headline News)

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