Pine D&C Decides to Issue Convertible Bonds Worth 5 Billion KRW
Fine D&C announced on the 26th that it has decided to issue 5 billion KRW worth of anonymous, interest-bearing, unsecured private convertible bonds (CB) to raise operating funds.
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The shares to be issued upon conversion amount to 3,030,303 shares, representing 9.14% of the total number of shares. The nominal interest rate is 0%, the maturity interest rate is 3%, and the bond maturity date is April 28, 2028. The conversion price is 1,650 KRW, and the conversion request period is from April 28, 2024, to March 28, 2028.
This content was produced with the assistance of AI translation services.
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