Carelabs Decides to Issue 20 Billion KRW Private Convertible Bonds

[Asia Economy Reporter Minji Lee] Carelabs announced on the 29th that it has decided to issue the 4th series of 20 billion KRW non-guaranteed, bearer convertible bonds with detachable warrants to raise operating funds. Both the nominal interest rate and the maturity interest rate are 1%. The bondholder is PSI International Inc., an IT company based in the United States.