Amotech Issues 25 Billion KRW Convertible Bonds

[Asia Economy Reporter Seongpil Cho] Amotech announced on the 10th that it will issue exchangeable bonds to NH IBK Hightech No.1 New Technology Association to raise 25 billion KRW in other funds.

The bond maturity date is June 12, 2023, with a maturity interest rate of 0%. The exchange target is 1,658,952 common shares of its subsidiary, Amogreentech.