March 12, 2018 / 6:36 AM / 2 months ago

BRIEF-HLB Life Science to issue 6th series convertible bonds worth 15 bln won

March 12 (Reuters) - HLB Life Science Co Ltd :

* Says it will issue 6th series unregistered and unsecured private convertible bonds, to raise 15 billion won in proceeds for operations

* Maturity date is March 21, 2021, coupon rate is 0 percent and yield to maturity is 2 percent for the bonds

* Conversion price is 9,252 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/yBV6AL

Further company coverage: (Beijing Headline News)

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