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[DISCLOSURE] Gaeasoft (051160), which provides wireless internet solutions, has decided to issue convertible bonds worth 2 billion won (US$1.79 million) with no warranty and offer them to Jang Chul-ho, Cho Duk-soon and Kim Sook-ja.
The coupon rate and maturity interest rate are both 4 percent. The convertible price is 2,522 won and the bonds expire on Sept. 22, 2019.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
The coupon rate and maturity interest rate are both 4 percent. The convertible price is 2,522 won and the bonds expire on Sept. 22, 2019.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
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