Humax Decides to Issue Private Convertible Bonds Worth 4 Billion Won

[Asia Economy Reporter Park Jihwan]Humax announced on the 2nd that it has decided to issue domestic bearer unsubordinated privately placed convertible bonds to raise 4 billion KRW in operating funds.

The coupon rate and maturity interest rate are both 0%. The maturity date of the bonds is September 3, 2025.

The conversion price is 5,060 KRW, and the proportion of shares to be issued upon conversion is 2.88%. The conversion request period starts from September 3, 2021, and ends on August 3, 2025.