Asiana Airlines Issues 60 Billion KRW Convertible Bonds to Korea Development Bank
[Asia Economy Reporter Seungjin Lee] Asiana Airlines announced on the 23rd that it will issue perpetual convertible bonds worth 60 billion KRW to the Korea Development Bank.
The maturity interest rate is 7.30%, the bond maturity date is December 29, 2050, and the payment date is the 29th of this month.
The number of shares to be issued upon conversion is 4,285,714 shares, accounting for 1.88% of the total number of shares.
Hot Picks Today
"Buy on Black Monday"... Japan's Nomura Forecasts 590,000 for Samsung, 4 Million for SK hynix
- "Plunged During the War, Now Surging Again"... The Real Reason Behind the 6% One-Day Silver Market Rally [Weekend Money]
- "Not Everyone Can Afford This: Inside the World of the True Top 0.1% [Luxury World]"
- "We're Now Earning 10 Million Won a Month"... Semiconductor Boom Drives Performance Bonuses at Major Electronic Component Firms
- Experts Are Already Watching Closely..."Target Stock Price 970,000 Won" Now Only the Uptrend Remains [Weekend Money]
Asiana Airlines explained, "The 60 billion KRW will be used as operating funds in line with the purpose of the Industrial Stabilization Fund."
This content was produced with the assistance of AI translation services.
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
