Nexten "Operating Fund Procurement"... Issuance of 15 Billion KRW Convertible Bonds
[Asia Economy Reporter Ji Yeon-jin] Nexten announced on the 12th that it will issue 15 billion KRW worth of anonymous, interest-bearing, unsecured private convertible bonds (CB) to raise operating funds. The nominal interest rate is 1%, and the maturity interest rate is 3%.
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The conversion price is 20,363 KRW per share, and the conversion request period is from April 19, 2022, to March 19, 2025. The conversion ratio is 100%, and the shares to be issued upon conversion amount to 736,630 shares, representing 5.85% of the total shares.
This content was produced with the assistance of AI translation services.
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