May 2, 2018 / 10:15 AM / 7 months ago

BRIEF-Ace Technologies to issue 21th series convertible bonds worth 25 bln won

May 2 (Reuters) - Ace Technologies Corp :

* Says it will issue 21th series unregistered and unsecured private convertible bonds, to raise 25 billion won in proceeds for operations

* Maturity date is May 4, 2023, coupon rate is 0 percent and yield to maturity is 1 percent for the bonds

* Conversion price is 4,306 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/o1q34r

Further company coverage: (Beijing Headline News)

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