Aprogen Decides to Issue Convertible Bonds Worth 40 Billion KRW

[Asia Economy Reporter Lee Gwanju] Aprogen announced on the 1st that it has decided to issue the 27th series of unnamed, interest-bearing, unsecured private convertible bonds worth 40 billion KRW.

The purpose of the fund raising is to acquire securities of other companies. The conversion price is 1,036 KRW per share, and the maturity date is December 7, 2025.