Geumyang Decides to Issue 10 Billion Won Scale Convertible Bonds (CB)

[Asia Economy Reporter Koo Eun-mo] Kumyang announced on the 20th that it has decided to issue a total of 10 billion KRW in bearer, unsubordinated private convertible bonds (CB) with detachable warrants to raise 2 billion KRW for facility funds and 8 billion KRW for debt repayment. The nominal interest rate and maturity interest rate are 1.0% and 3.0%, respectively, and the conversion price is 2,665 KRW per share. The maturity date of the bonds is February 24, 2025.

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