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  • Gaeasoft to issue CB worth W2b
    Gaeasoft to issue CB worth W2b
    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)
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Gaeasoft to issue CB worth W2b

Sept. 21, 2016 - 13:37 By 윤정현
[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)
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