TerraScience Decides to Issue Convertible Bonds Worth 10 Billion Won

[Asia Economy Reporter Minji Lee] Terra Science announced on the 4th that it has decided to issue the 14th series of anonymous, interest-bearing, unsecured private convertible bonds worth 10 billion KRW to raise funds for acquiring securities of other corporations. The nominal interest rate is 2%, and the maturity interest rate is 5%. The conversion price is 2,177 KRW, and the issuer is SangSangIn Savings Bank.