April 13, 2018 / 2:55 AM / 11 days ago

BRIEF-Tae Yang C&L to issue 10th series convertible bonds worth 15 bln won

April 13 (Reuters) - Tae Yang C&L Co Ltd :

* Says it will issue 10th series unregistered and unsecured private convertible bonds, to raise 15 billion won in proceeds for operations

* Maturity date is June 20, 2021, coupon rate is 0 percent and yield to maturity is 4 percent for the bonds

* Conversion price is 1,580 won/share and conversion ratio is 100 percent

Source text in Korean: goo.gl/y6e7Cn

Further company coverage: (Beijing Headline News)

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