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

EV Advanced Material Co

18/11/2016 07:45

Nov 18 (Reuters) - Act Co Ltd  131400.KQ  : 
    
    * Says it will issue third 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/akp4FR 
    Further company coverage:  131400.KQ  
 
 (Beijing Headline News) 
 ((Beijing.HeadlineNews@thomsonreuters.com; +86 010 62674724; 
Reuters Messaging: hedy.cui.reuters.com@reuters.net))