Remed prices KRW 10 billion private placement of convertible bonds
Remed set a KRW 10 billion private placement of 4th series unsecured, bearer, coupon convertible bonds. Proceeds earmarked for working capital, with spending focused on overseas expansion, B2C commercialization, BCI-related projects. Bonds carry a 1% coupon, 5% yield to maturity, with maturity set for Oct. 26, 2031. Co