NewFried, Adjustment of Convertible Bond Conversion Price
[Asia Economy Reporter Park Jihwan] New Pride announced on the 17th that it will lower the conversion price of the 22nd and 25th series convertible bonds (CB) from the existing 1,004 won to 921 won.
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The total amount of the 22nd CB and the 25th CB is 3.1 billion won and 7.4 billion won, respectively. The reason for the adjustment is the adjustment of the conversion price due to the decline in market price.
This content was produced with the assistance of AI translation services.
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