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BRIEF-Oceanbridge to issue 3th series convertible bonds worth 7 bln won
March 31, 2017 / 6:42 AM / 9 months ago

BRIEF-Oceanbridge to issue 3th series convertible bonds worth 7 bln won

March 31 (Reuters) - Ocean Bridge Co Ltd

* Says it will issue 3th series unregistered and unsecured private convertible bonds, to raise 7 billion won in proceeds for operations

* Maturity date is April 3, 2020, coupon rate is 0 percent and yield to maturity is 1.5 percent for the bonds

* Conversion price is 10,250 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/xoHuV3

Further company coverage: (Beijing Headline News)

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