April 10, 2018 / 8:12 AM / 7 months ago

BRIEF-Gene One Life Science to issue 3rd series convertible bonds worth 12 bln won

April 10 (Reuters) - Gene One Life Science Inc :

* Says it will issue 3rd series unregistered and unsecured private convertible bonds, to raise 12 billion won in proceeds for operations

* Maturity date is Oct. 12, 2022, coupon rate is 2 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 6,953 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/L1J8pQ

Further company coverage: (Beijing Headline News)

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