Kumho Electric Lowers Convertible Bond Conversion Price to 2,180 Won
[Asia Economy Reporter Lee Jung-yoon] Kumho Electric announced on the 28th that it will adjust the conversion price of the 9th anonymous unsecured private convertible bonds from 2,680 KRW to 2,180 KRW.
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The company stated that the reason for the adjustment is "adjustment of the conversion price due to a decline in market price."
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