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Haengnam to issue CB worth W1b

Aug. 19, 2016 - 15:53 By 박윤아
[DISCLOSURE] Haengnam (008800) said Aug. 19 that it has decided to issue convertible bonds worth 1 billion won (US$895,000) to acquire other corporation‘s stocks. The convertible price per share is 1,990 won. The conversion period ends on Aug. 19, 2019. The coupon rate and maturity rate are 1 percent and 3 percent, respectively.

By Park Yuna (yunapark@heraldcorp.com)