[Asia Economy Reporter Park Jihwan] New Pride Corporation announced on the 5th that it has decided to issue unsecured private convertible bonds worth 24,046,610,000 KRW to raise funds for debt repayment.


Both the nominal interest rate and the maturity interest rate are 0%. The bond maturity date is March 5, 2023.



The conversion price is 798 KRW, and the conversion request period is from March 5, 2021, to February 5, 2023.


This content was produced with the assistance of AI translation services.

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing