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EDGC Decides to Issue Convertible Bonds Worth 60 Billion KRW

[Asia Economy Reporter Park Jihwan]EDGC announced on the 23rd that it has decided to issue 60 billion KRW worth of anonymous, detachable warrant, unsecured public convertible bonds (CB).


The purpose of the fund raising is 35 billion KRW for facility funds and 25 billion KRW for operating funds.


The coupon rate is set at 0.0%, and the maturity interest rate is 1.0%.


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