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October 16, 2018

Artis to issue CB worth W37b

PUBLISHED : June 12, 2018 - 11:34

UPDATED : June 12, 2018 - 11:34

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[DISCLOSURE] Artis (101140) announced on June 12 that it has decided to issue convertible bonds worth 22 billion won (US$20.47 million) and offer to Navis Fidelis to finance operations. The coupon rate is 1 percent and maturity rate is 3 percent and maturity date is Aug. 30, 2021.

It also announced that it will issue convertible bonds worth 15 billion won and offer to Korea Investment and Securities to finance operations. The coupon rate is 2.5 percent and maturity rate is 3 percent and maturity date is Aug. 30, 2021.

By Hwang You-mee (glamazon@heraldcorp.com)

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