KMH Decides to Issue 30 Billion KRW Worth of Bonds with Warrants
[Asia Economy Reporter Park Jihwan] KMH announced on the 2nd that it has decided to issue 30 billion KRW worth of unsecured private placement bonds with warrants to achieve management objectives such as operating funds, debt repayment, and expansion of new businesses.
The coupon rate is 0%, and the maturity interest rate is 1%. The maturity date of the bonds is November 1, 2023.
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The exercise price is 8,760 KRW, and the warrant exercise period is from November 1, 2021, to October 1, 2023.
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