Motrex to Issue KRW 59 Billion in Exchangeable Bonds

Bitget2026/10/30 08:11

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Motrex will issue KRW 59 billion of unsecured exchangeable bonds through a private placement.
The zero-interest bonds will be issued on December 2, 2026, maturing on December 2, 2029.
The bonds are exchangeable into 1,305,511 common shares of 전진건설로봇 at KRW 45,193 per share.
Proceeds are earmarked for working capital in 2027, including funding requirements under a subsidiary-related shareholder agreement.
Bondholders can seek early redemption at 100% of principal starting December 2, 2028, then every three months.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Motrex Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261030000477), on October 30, 2026, and is solely responsible for the information contained therein.

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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Motrex to Issue KRW 59 Billion in Exchangeable Bonds

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