March 13, 2018 / 4:03 AM / 9 months ago

BRIEF-ED to issue 16th series convertible bonds worth 9 bln won

March 13 (Reuters) - ED Co Ltd :

* Says it will issue 16th series unregistered and unsecured private convertible bonds, to raise 9 billion won in proceeds for investment

* Maturity date is March 13, 2021, coupon rate is 0 percent and yield to maturity is 1 percent for the bonds

* Conversion price is 1,000 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/V4ctXw

Further company coverage: (Beijing Headline News)

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