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BRIEF-IONES to issue sixth convertible bonds worth 20 bln won
August 22, 2016 / 1:06 AM / a year ago

BRIEF-IONES to issue sixth convertible bonds worth 20 bln won

Aug 22 (Reuters) - IONES Co., Ltd. :

* Says it will issue the sixth unregistered/unsecured private convertible bonds, raising 20 billion won in proceeds for operations

* Maturity date of Aug. 23, 2021, yield to maturity of 0 pct and annual coupon of 0 pct, lump-sum redemption of principal on maturity date for the bonds

* A 100 pct conversion rate of bonds to common shares at 22,886 won per share

Source text in Korean: goo.gl/gDveAH

Further company coverage: (Beijing Headline News)

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