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BRIEF-Spero Global to issue 28th series convertible bonds worth 1 bln won
March 21, 2017 / 6:38 AM / 9 months ago

BRIEF-Spero Global to issue 28th series convertible bonds worth 1 bln won

March 21 (Reuters) - Spero Global Co Ltd :

* Says it will issue 28th series unregistered and unsecured private convertible bonds to raise 1 billon won in proceeds for operations

* Maturity date is March 21, 2020, coupon rate is 2 percent and yield to maturity is 3 percent for the bonds

* Conversion price is 2,370 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/Mq63jm

Further company coverage: (Beijing Headline News)

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