Wellbiotech Decides to Issue Convertible Bonds Worth 3 Billion KRW

[Asia Economy Reporter Lee Jung-yoon] Wellbiotech announced on the 21st that it has decided to issue convertible bonds (CB) worth 3 billion KRW to KH Philux.

This is for the purpose of raising operating funds, and the conversion price is 1,537 KRW. The nominal interest rate and maturity interest rate are both 5%.