ITEK to Repurchase KRW 7.5 Billion of Debt Before Maturity

Bitget2026/11/05 08:51

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ITEK decided Nov. 5, 2026, to repurchase KRW 7.5 billion of its sixth-series convertible bonds before maturity.
Payment of KRW 7.6 billion, including principal and interest, is scheduled for Nov. 6, 2026, using internal funds.
The privately placed bonds mature Feb. 27, 2031; outstanding principal following the repurchase will total KRW 11.8 billion.
The repurchase will take place through an over-the-counter transaction negotiated with bondholders.

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. ITEK Inc. 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: 20261105000476), on November 05, 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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ITEK to Repurchase KRW 7.5 Billion of Debt Before Maturity

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