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3 months ago
BRIEF-Spero Global to issue 30th series convertible bonds worth 7 bln won
May 30, 2017 / 11:13 AM / 3 months ago

BRIEF-Spero Global to issue 30th series convertible bonds worth 7 bln won

May 30 (Reuters) - Spero Global Co Ltd :

* Says it will issue 30th series unregistered and unsecured private convertible bonds, to raise 7 billion won in proceeds for investment

* Maturity date is May 25, 2020, coupon rate is 0 percent and yield to maturity is 2 percent for the bonds

* Conversion price is 3,725 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/0Cluzn

Further company coverage: (Beijing Headline News)

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