BK Holdings to Issue KRW 2 Billion in Convertible Bonds
Bitget2026/10/27 09:40- BK Holdings will issue KRW 2 billion of unsecured convertible bonds through a private placement to finance securities acquisitions.
- Payment is scheduled for Nov. 27, 2026; the bonds mature Nov. 27, 2029.
- The bonds carry a 2% coupon with a 4% yield to maturity.
- Conversion at KRW 2,810 per share would yield 711,743 common shares, equivalent to 9.43% of existing shares.
- Bondholders can seek early redemption quarterly starting Nov. 27, 2027, at a 4% annually compounded yield.
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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