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BRIEF-ACT to issue first series convertible bonds worth 5 bln won
January 13, 2017 / 8:41 AM / a year ago

BRIEF-ACT to issue first series convertible bonds worth 5 bln won

Jan 13 (Reuters) - ACT Co Ltd :

* Says it plans to issue first series unregistered and unsecured private convertible bonds, to raise 5 billion won in proceeds for facilities and operations

* Says maturity date is Jan. 17, 2020, coupon rate is 0 percent and yield to maturity is 0 percent for the bonds

* Conversion price is 10,983 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/ka2MZ7

Further company coverage: (Beijing Headline News)

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