KC Cottrell Issues 11 Billion KRW Convertible Bonds

[Asia Economy Reporter Hyunseok Yoo] KC Cottrell announced on the 24th that it will issue convertible bonds (CB) worth 11 billion KRW to raise operating funds. The coupon rate and maturity interest rate are 1.0% and 2.0%, respectively. The conversion price is 6,826 KRW, and the conversion request period is from November 26, next year, to October 26, 2024. The bond maturity date is November 26, 2024.