KMH Decides to Issue 20 Billion KRW CB and 30 Billion KRW BW for "New Business Expansion" Purpose
[Asia Economy Reporter Park Jihwan] KMH announced on the 2nd that it has decided to issue 20 billion KRW worth of unsecured private convertible bonds (CB) and 30 billion KRW worth of unsecured private bonds with warrants (BW) to secure operating funds and expand new business.
The coupon rate of each bond is 0%, and the maturity interest rate is 1%. The maturity date of the bonds is November 1, 2023.
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The conversion price of the convertible bonds and the exercise price of the bonds with warrants are both 8,760 KRW. The conversion request period and the exercise period are from November 1, 2021, to October 1, 2023.
This content was produced with the assistance of AI translation services.
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