South Korean IT service company ITCEN GLOBAL announces the issuance of convertible bonds (CB) totaling 40 billion won, with the funds to be used for debt repayment, improving financial structure, and investing in new growth businesses such as security token offerings (STO) and Web3. This issuance will be invested by ITC Holdings LLC, which is wholly owned by KCGI Innovation Growth ESG No.1 private equity fund managed by KCGI. (ChosunBiz)

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