April 19, 2024
Market Now
Skin & Skin to increase capital by W10b, issue W25b CB
[DISCLOSURE] Skin & Skin (159910) announced on April 4 that it has decided to issue 13,333,333 shares and offer to its new largest stakeholder True Life Insurance Bank at 10 billion won (US$9.47 million) to finance operations. The due date for listing is June 12.
It will also issue convertible bonds worth 25.0 billion won to finance operations, the company said in a separate announcement. The coupon rate is 0 percent and maturity rate is 4 percent and maturity date is May 25, 2021.
By Hwang You-mee (glamazon@heraldcorp.com)
It will also issue convertible bonds worth 25.0 billion won to finance operations, the company said in a separate announcement. The coupon rate is 0 percent and maturity rate is 4 percent and maturity date is May 25, 2021.
By Hwang You-mee (glamazon@heraldcorp.com)
