March 13, 2018 / 4:16 AM / in 3 months

BRIEF-New Pride to issue 18th series convertible bonds worth 3 bln won

* Says it will issue 18th series unregistered and unsecured private convertible bonds, to raise 3 billion won in proceeds for operations

* Maturity date is March 13, 2021, coupon rate is 3 percent and yield to maturity is 7 percent for the bonds

* Conversion price is 4,068 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/22XoQn

Further company coverage: (Beijing Headline News)

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