February 12, 2018 / 10:23 AM / in 6 months

BRIEF-Nics Tech to issue 2nd series convertible bonds worth 9 bln won

Feb 12 (Reuters) - Nics Tech Co Ltd :

* Says it will issue 2nd series registered and unsecured private convertible bonds, to raise 9 billion won in proceeds for investment

* Maturity date is March 27, 2021, coupon rate is 3 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 2,813 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/whjJmf

Further company coverage: (Beijing Headline News)

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