CJ CGV Issues 300 Billion KRW Convertible Bonds
[Asia Economy Reporter Lee Jung-yoon] CJ CGV announced on the 16th that it has decided to issue 300 billion KRW worth of anonymous bearer subordinated convertible bonds (CB) without guarantee to raise operating funds and repay debts.
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The coupon rate is 1.00%, and the bond maturity date is June 8, 2051.
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