Brief: Act to issue second convertible bonds worth 2 bln won

EV Advanced Material Co

18/11/2016 07:49

Nov 18 (Reuters) - Act Co Ltd  131400.KQ  : 
 
    * Says it will issue second unregistered and unsecured 
private convertible bonds to raise 2 billion won in proceeds for 
operations  
    * Says maturity date is Nov. 24, 2018, coupon rate is 2 
percent and yield to maturity is 4 percent for the bonds 
    * Conversion price is 3,665 won per share  
     
     
    Source text in Korean: https://goo.gl/WRph5w 
    Further company coverage:  131400.KQ  
 
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