Hyundai Bio Issues Convertible Bonds Worth 3 Billion Won
Hyundai Bio announced on the 17th that it has decided to issue the 10th series of unnamed, interest-bearing, unsecured private convertible bonds worth 3 billion KRW to raise operating funds. The bond maturity date is June 19, 2027. The nominal interest rate is 0%, and the maturity interest rate is 7%. The number of shares to be issued upon conversion is 156,846.
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