The Korea Herald

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NK adjusts conversion price of CB down to US$3.98

By 황유미

Published : June 27, 2016 - 14:10

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[DISCLOSURE] NK (085310) has adjusted the conversion price of its convertible bonds to 4,667 won (US$3.98) from 6,400 won due to a drop in market price, it announced on June 27. The high pressure gas cylinders and marine fire control systems company has offered bonds worth 23 billion won in private.