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BRIEF-Pati Games to issue first bonds with warrants worth 40 bln won
December 7, 2016 / 4:38 AM / 9 months ago

BRIEF-Pati Games to issue first bonds with warrants worth 40 bln won

Dec 7 (Reuters) - Pati Games Corp :

* Says it will issue first unregistered and unsecured private bonds with warrants, to raise 40 billion won in proceeds for operations

* Says maturity date is Feb. 1, 2022, coupon rate is 3 percent and yield to maturity is 6.5 percent

* Says a 100 pct conversion rate of bonds to common shares at 7,740 won per share

Source text in Korean: goo.gl/RaU8KE

Further company coverage: (Beijing Headline News)

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