GNCO Raises Yield to Maturity on Remaining Convertible Bonds to 11.5% From 9.5%
Bitget2026/10/28 09:06- GNCO corrected its convertible bond terms on October 28, 2026, raising the remaining bonds’ yield to maturity from 9.5% to 11.5%.
- Planned repayment of KRW 5 billion on December 10, 2026, will leave KRW 5 billion subject to the higher yield.
- The call option limit will fall proportionately to KRW 1.5 billion, or 30% of the remaining bonds, following repayment.
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