Brief: Barunson Entertainment & Arts to issue 19th series convertible bonds worth 3.1 bln won

Barunson Entertainment & Arts

25/04/2017 03:00

April 25 (Reuters) - Barunson Entertainment & Arts Corp 
 035620.KQ  : 
     
    * Says it will issue 19th series unregistered and unsecured 
private convertible bonds, to raise 3.1 billion won in proceeds 
for operations 
    * Maturity date is April 28, 2022, coupon rate is 2 percent 
and yield to maturity is 6 percent for the bonds 
    * Conversion price is 29,500 won/share and conversion ratio 
is 100 percent  
     
    Source text in Korean: https://goo.gl/daaGTF 
    Further company coverage:  035620.KQ  
 
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