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Hanp issuing 9th series bonds

June 6, 2018

The South Korean OPC drum manufacturer, formerly Baiksan OPC, is aiming to raise 20 billion won ($18.7 million/€15.9 million) for its operations.

According to Reuters, Hanp Inc will issue the 9th series unregistered and unsecured public bonds with warrants. The maturity date is July the 12th, 2021, the coupon rate is 1 percent and the yield to maturity is 4 percent for the bonds.

Reuters adds that exercise price is 2,655 won ($2.48/€2.11) per share, and the exercise ratio is 100 percent.

 

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