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BRIEF-PharmswellBio to issue 10th series convertible bonds worth 3 bln won
February 9, 2017 / 9:42 AM / 8 months ago

BRIEF-PharmswellBio to issue 10th series convertible bonds worth 3 bln won

Feb 9 (Reuters) - Pharmswell Bio Co Ltd :

* Says it will issue 10th series unregistered and unsecured private convertible bonds to raise 3 billion won in proceeds for operations

* Maturity date is March 15, 2020, coupon rate is 2 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 4,044 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/yEyK1L

Further company coverage: (Beijing Headline News)

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