Wilcron Hantec Acquires Convertible Bonds Before Maturity
[Asia Economy Reporter Minji Lee] Welcron Hantec announced on the 6th that it will acquire the 3rd series of non-registered, interest-bearing, unsecured private convertible bonds issued domestically through private placement for 367,899,000 KRW before maturity.
The reason for acquisition before maturity is the bondholder's exercise of the early redemption right, and the company plans to resell the bonds after acquisition.
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The issuance date of the convertible bonds is October 30, 2017, and the maturity date is May 4, 2020.
This content was produced with the assistance of AI translation services.
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