Lightron Decides to Sell 500 Million KRW Convertible Bonds
Liteon announced on the 9th that it has decided to sell approximately 5 billion KRW worth of the 33rd series bearer detachable coupon unsecured private convertible bonds for the purpose of exercising the early redemption right (call option).
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The bond maturity date is November 26, 2024. The new shares issued upon conversion amount to 149,164 shares, which corresponds to 0.55% of the total number of shares. The conversion price per share is 3,352 KRW. The conversion request period is from November 26, 2022, to October 26, 2024.
This content was produced with the assistance of AI translation services.
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