Amotech Issues 25 Billion KRW Convertible Bonds
[Asia Economy Reporter Seongpil Cho] Amotech announced on the 10th that it will issue exchangeable bonds to NH IBK Hightech No.1 New Technology Association to raise 25 billion KRW in other funds.
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The bond maturity date is June 12, 2023, with a maturity interest rate of 0%. The exchange target is 1,658,952 common shares of its subsidiary, Amogreentech.
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