Kukjeon to Issue KRW 17 Billion in Convertible Bonds
Bitget2026/10/23 08:27- Kukjeon plans a KRW 17 billion private placement of unsecured convertible bonds to repay debt.
- The zero-coupon bonds mature November 2, 2031; payment is scheduled for November 2, 2026.
- Conversion at KRW 2,696 per share could result in 6,305,637 new common shares.
- Bondholders can seek early repayment starting May 2, 2029.
- The issuer or designated buyers can exercise a call option covering up to 30% of the issuance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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