Daejoo Jeonja Materials "Issuing 40 Billion KRW Convertible Bonds to Finance Facility Funds"
Daejoo Electronic Materials announced on the 26th that it has decided to issue exchangeable bonds worth 40 billion KRW to raise facility funds. The exchange target is 457,487 shares of Daejoo Electronic Materials common stock (2.96%). The exchange price is 87,434 KRW per share. The exchange request period is from November 21 to October 21, 2053. The coupon rate is 0%, and the maturity interest rate is 2%. The bond maturity date is November 21, 2053.
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