Entermate Issues Private Convertible Bonds Worth 5.5 Billion KRW
[Asia Economy Reporter Yoo Byung-don] Entermate announced on the 24th that it will issue the 6th series of unnamed, unsecured private convertible bonds (CB) worth 5.5 billion KRW to raise operating funds.
The conversion price is 1,210 KRW per share, and upon 100% conversion, 4,132,231 new shares (4.73% of the total number of shares) will be issued.
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The conversion request period is from September 22, 2022, to August 21, 2023. The bond's coupon rate is 0%, the maturity interest rate is 1%, and the maturity date is September 22, 2023.
This content was produced with the assistance of AI translation services.
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