[DISCLOSURE] Pacific Bio (060900) said on Aug. 24 that it plans to issue convertible bonds worth 1 billion won (US$892,140) and offer them to three individuals to fund operations. The coupon rate stands at 0 percent and the yield to maturity is 5 percent. The maturity date is Aug. 23, 2019.

The conversion price is 1,440 won and the conversion period is from Aug. 24, 2017 to Aug. 22, 2019.

By Jung Min-kyung ()