Hanwool & Jeju Decides to Issue Convertible Bonds - Terms and Size Undisclosed
Hanwool & Jeju Co., Ltd. decided to issue convertible bonds, but key terms such as issue size, conversion price, and interest rate were not disclosed.
Put option granted: bondholders can demand early redemption of the entire principal quarterly starting from June 4, 2027 (one year after issuance) until March 4, 2029.
The bonds will be issued to 'JK New Technology Investment Fund No. 19', which was formed in 2026 and has no recent financial statements.
The purpose of the fund raising (e.g., facility funds, operating funds) and specific use plans were not disclosed.
Details such as conversion price adjustment, maturity interest rate, and collateral were omitted from the filing.
KOSDAQ Filing Information
Filing: Report On Major Events (Decision On Issuance Of Convertible Bonds)