Cosmo Advanced Materials & Technology Co. will issue 120 billion won ($90.5 million) in convertible bonds at a 4.8% maturity yield, with proceeds earmarked for domestic and overseas cathode material investments; the high yield reflects simultaneous fundraising by its parent group.
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Cosmo Advanced Materials & Technology Issues 120 Billion Won Convertible Bonds—Maturity Yield at 4.8%

Cosmo Advanced Materials & Technology Co. will issue 120 billion won ($90.5 million) in convertible bonds at a 4.8% maturity yield, with proceeds earmarked for domestic and overseas cathode material investments; the high yield reflects simultaneous fundraising by its parent group.

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