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BRIEF-CTL to issue 11th series convertible bonds worth 10 bln won
September 28, 2017 / 2:51 AM / in 20 days

BRIEF-CTL to issue 11th series convertible bonds worth 10 bln won

Sept 28 (Reuters) - CTL Inc :

* Says it will issue 11th series unregistered and unsecured private convertible bonds, to raise 10 billion won in proceeds for other fund

* Maturity date is Nov. 1, 2020, coupon rate is 3 percent and yield to maturity is 3 percent for the bonds

* Conversion price is 2,465 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/PDcyDb

Further company coverage: (Beijing Headline News)

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