Metalife Decides to Issue 6 Billion KRW Private Convertible Bonds
[Asia Economy Reporter Minji Lee] Metalife announced on the 29th that it has decided to issue the 3rd series of anonymous, interest-bearing, unsecured private convertible bonds worth 6 billion KRW to raise operating funds. The bond maturity date is January 1, 2024.
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The conversion price is 19,660 KRW, and the number of shares to be issued upon conversion is 305,188 shares, accounting for 8.49% of the total number of shares outstanding. The conversion request period is from July 1, 2021, to December 1, 2023.
This content was produced with the assistance of AI translation services.
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