KPF Decides to Issue 20 Billion KRW Convertible Bonds to Raise Operating Funds
[Asia Economy Reporter Ryu Tae-min] KPF announced on the 16th that it will issue the 8th series of 20 billion KRW unnamed, interest-bearing, unsecured private convertible bonds (CB) to NH Investment & Securities and others to raise operating funds. The conversion price is 5,131 KRW per share, and if converted 100% into shares, the number of shares to be issued will be 3,897,875 shares. This corresponds to 18.03% of the current total number of shares. The conversion request period is from July 20, next year, to June 20, 2026. The coupon rate and maturity interest rate of the bonds are both 0%. The maturity date is July 20, 2026.
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