Hanp Inc to Issue 9th Series Bonds

Originally published at Reuters.
Hanp to issue 9th series bonds with warrants worth 20 bln won

Reuters reports recently that Hanp Inc, the South Korean based OPC drum manufacturer, will issue 9th series unregistered and unsecured public bonds with warrants, to raise 20 billion won ($18.6 million) in proceeds for operations. The Maturity date is July 12, 2021, coupon rate is 1 percent and yield to maturity is 4 percent for the bonds. And the exercise price is 2,655 won/share ($2.47/share) and exercise ratio is 100 percent.