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BRIEF-Cubes to issue 12th series convertible bonds worth 11 bln won
June 26, 2017 / 2:49 AM / 5 months ago

BRIEF-Cubes to issue 12th series convertible bonds worth 11 bln won

June 26 (Reuters) - Cubes Inc :

* Says it will issue 12th series unregistered and unsecured private convertible bonds, to raise 11 billion won in proceeds for investment

* Maturity date is June 23, 2020, coupon rate is 2 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 8,352 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/EAAy8Z

Further company coverage: (Beijing Headline News)

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