Early Acquisition and Cancellation of 5th Series Convertible Bonds with 109% Interest Rate
The issuer exercised its call option to acquire the 5th series unregistered unsecured private convertible bonds (face value 1.5 billion KRW, conversion price 4,262 KRW) via over-the-counter purchase on April 27, 2026.
The acquisition cost totals 1.636 billion KRW including principal and interest, funded by internal funds.
The acquired bonds will be cancelled via KSD registration, reducing potential dilution from conversion.
Early redemption of this high-interest bond (109.0850%) reduces future interest burden.
The conversion price was adjusted to 4,262 KRW on April 26, 2026 due to market price increase.
KOSDAQ Filing Information
Filing: Acquisition of Bonds Before Maturity After Issuance of Convertible Bonds (Including Overseas Convertible Bonds) (5th Series)