[DISCLOSURE] IONES (114810) announced on Aug. 19 that it has decided to issue convertible bonds worth 20 billion won (US$17.8 million) for capital increase.

The coupon rate and the maturity interest rate both stands at 0 percent and the maturity date is Aug. 23, 2021.

The conversion price is 22,886 won and the conversion period is from Aug. 23, 2017 to July 23, 2021.

By Jung Min-kyung ()