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Hanmi Semiconductor to issue CB worth W37.5b

By 정민경

Published : July 27, 2016 - 14:16

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[DISCLOSURE] Hanmi Semiconductor (042700) announced on July 27 that it will issue convertible bonds worth 37.5 billion won (US$33.05 million). The conversion price is 15,000 won and the maturity date is Sept. 23, 2022. 

The firm added that it will also sell off 2,500,000 shares worth 37.5 billion won to issue convertible bonds available in exchange for treasury stocks. The price per share is 15,000 won.