KOSEN Issues 11.8 Billion KRW Convertible Bonds to Raise Debt Repayment Funds
[Asia Economy Reporter Minji Lee] Kosen announced on the 27th that it has decided to issue the 17th series of anonymous secured privately placed convertible bonds (CB) with detachable warrants to raise 11,827,500,000 KRW for debt repayment funds.
The nominal interest rate is 0%, and the maturity interest rate is 4%. The bond maturity date is February 26, 2023.
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The conversion price is 998 KRW, and the conversion request period is from February 27, 2021, to January 26, 2023.
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