The Codi Decides to Issue Convertible Bonds Worth 30 Billion Won
The Codi announced on September 8 that it will issue its 11th series of bearer unguaranteed private convertible bonds with a total value of 30 billion won.
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The purpose of the fundraising is to acquire securities of other corporations. The coupon rate is 3%, and the maturity interest rate is 4%. The per-share conversion price is 3,550 won. The payment date is scheduled for October 6, 2026. The bond subscribers are Gold Mark Association and Horizon Association.
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