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BRIEF-Spero Global to issue 27th series convertible bonds worth 5 bln won
March 20, 2017 / 9:47 AM / 6 months ago

BRIEF-Spero Global to issue 27th series convertible bonds worth 5 bln won

March 20 (Reuters) - Spero Global Co Ltd :

* Says it will issue 27th series unregistered/unsecured convertible bonds worth of 5 billion won

* Says a 100 percent conversion rate of bonds to common shares at 2,177 won/share

* Says annual coupon rate is 9 percent and yield to maturity is 9 percent, and conversion period from March 21, 2018 to March 21, 2020

Source text in Korean: goo.gl/DsBGkF

Further company coverage: (Beijing Headline News)

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