Seers prices KRW 110 billion private convertible bond sale
Seers set a KRW 110 billion private placement of 2nd series unsecured zero-coupon convertible bonds. Maturity set for Oct. 21, 2031; bonds repay at 100% of registered amount with no interim interest payments. Conversion price set at KRW 30,586 per share; up to 3,596,416 common shares, equal to 8.57% of outstanding shar