[DISCLOSURE]
NEPES Advanced Materials Corp. (087730) announced on July 3 that it will issue convertible bonds worth 50 billion won (US$44.93 million) to finance operations and acquisition of securities of other entity.
The coupon rate is 0 percent and maturity rate 5 percent and the maturity date is Aug. 31, 2021.
By Hwang You-mee (
glamazon@heraldcorp.com)