Jangwon Tech Decides to Issue 5 Billion KRW Private Convertible Bonds
[Asia Economy Reporter Minji Lee] Jangwon Tech announced on the 18th that it has decided to issue the 6th series of anonymous, interest-bearing, unsecured convertible bonds worth 5 billion KRW to raise funds for debt repayment and operating capital.
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The conversion price is 1,835 KRW per share, and the shares to be issued upon conversion amount to approximately 2.72 million shares, representing 6.47% of the total number of shares. The conversion request period is from May 18, 2021, to April 18, 2023.
This content was produced with the assistance of AI translation services.
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