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BRIEF-Interbulls to raise 3 bln won via private placement
May 24, 2016 / 6:26 AM / a year ago

BRIEF-Interbulls to raise 3 bln won via private placement

May 24 (Reuters) - Interbulls Co., Ltd. :

* Says it will issue 315,126 shares of common stock through private placement, with par value of 500 won per share, for debt-equity swap

* Sets issue price at 9,520 won per share, to raise proceeds of 3 billion won for operations

* Listing date of July 20 for the new shares

Source text in Korean: me2.do/5ctgKDon

Further company coverage: (Beijing Headline News)

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