[Asia Economy Reporter Kwon Jaehee] iWinPlus announced on the 16th that it has decided to issue 20 billion KRW worth of bearer, unsubordinated private convertible bonds (CB) to secure operating funds. The nominal interest rate and maturity interest rate are both 6%, and the conversion request period is from October 14, 2023, to September 14, 2025. The conversion price is 687 KRW per share, and upon conversion, 29,112,081 shares, equivalent to 24.51% of the total number of shares, may be issued.
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