Cheonbo Decides to Issue 50 Billion KRW Convertible Bonds with Warrants
[Asia Economy Reporter Lee Jung-yoon] Cheonbo announced on the 18th that it has decided to issue 50 billion KRW worth of bearer, non-interest-bearing, privately placed, non-separable bonds with warrants for the purpose of acquiring securities of other corporations.
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The coupon rate and maturity interest rate are both 0%, and the maturity date is February 22, 2027. The number of shares to be issued upon exercise of the warrants is 157,158 shares, accounting for 1.44% of the total number of shares. The warrant exercise period is from February 22, 2023, to January 22, 2027.
This content was produced with the assistance of AI translation services.
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