Tuesday, February 14, 2012

STX PO

STX PO: Co to issue KRW250b ($279.4m) of bonds at 3.0% p.a payable quarterly with attached warrants. The bonds are expected to be issued on 21 Feb. The exercise price of each warrant is expected to be KRW6980 ($7.80) subject to changes with 1 share for every warrant exercised. The exercise period will begin one month after the bonds are issued and will last till one month prior to the maturity date of the bonds.

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