Midas AI Issues Private Convertible Bonds Worth 4 Billion KRW
[Asia Economy Reporter Lee Jung-yoon] Midas AI announced on the 8th that it has decided to issue 4 billion KRW worth of unsecured private convertible bonds. This is to raise funds for acquiring securities of other companies.
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The bond maturity date is January 11, 2024, with a nominal interest rate of 0% and a maturity interest rate of 3%. The conversion price is 722 KRW, and the conversion request period is from January 11, 2022, to December 11, 2023.
This content was produced with the assistance of AI translation services.
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