April 27, 2024
Market Now
Softmax to issue CB worth W25b
[DISCLOSURE] Softmax (052190), a developer of game software and online gaming services, announced on Sept. 23 that it is to issue convertible bonds worth 25 billion won (US$ 22.65 million) to finance its operation.
The coupon rate and maturity interest rate stands at 1 percent and 4 percent, respectively. The convertible price is 10,320 won and the bonds expire on Nov. 11, 2019.
By Yun Jeong-hyeon (clareyun@heraldcorp.com)
