KH Vatec Issues Private Exchangeable Bonds Worth 33.5 Billion KRW
[Asia Economy Reporter Lee Junhyung] KH Vatec announced on the 6th that it will issue privately placed exchangeable bonds worth 33.5 billion KRW to secure operating funds.
The bonds have a coupon rate and maturity interest rate of 0.0%. The exchange price is 33,500 KRW per share. The bond maturity date is September 8, 2026.
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Since the exchangeable bonds are exchangeable for treasury shares, the company plans to dispose of 1 million treasury shares.
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