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Sewon ENC Issues 51 Billion KRW Convertible Bonds

[Asia Economy Reporter Yoo Byung-don] Sewon ENC announced on the 17th that it has issued 51 billion KRW worth of anonymous bearer, interest-bearing, unsecured, non-separable private placement bonds with warrants.


The company explained the purpose of the funds as "planned to be used for the repayment of the company's previously issued 4th convertible bonds."


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