[DISCLOSURE] U-Tech (178780) announced on Aug. 26 that it has decided to issue convertible bonds worth 5 billion won (US$4.48 million) and offer them to Abacus Holdings. Coupon rate and maturity rate are 4 percent and 5 percent, respectively.
The maturity date is set for Sept. 12, 2019. The conversion period is from Sept. 12, 2017 to Sept. 11, 2019.
By Park Yuna (yunapark@heraldcorp.com)
The maturity date is set for Sept. 12, 2019. The conversion period is from Sept. 12, 2017 to Sept. 11, 2019.
By Park Yuna (yunapark@heraldcorp.com)