Norang Pungseon Issues 15 Billion KRW Convertible Bonds
Norangpungseon announced on the 19th that it will issue convertible bonds worth 15 billion KRW. The issuance target is VCM, a private equity fund (PEF) management company. Norangpungseon plans to actively pursue block purchases with the secured funds. The conversion price is 6,670 KRW per share, and the number of shares to be issued upon conversion is 2,248,875.
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