Sangshin EDP Decides to Issue Convertible Bonds (with Put/Call Options)


  • The company decided to issue convertible bonds via private placement to 15 private equity funds (correction filing).
  • Bondholders have quarterly put options starting 18 months after issuance (1st put date: 2027-11-08, redemption rate 103.0378%).
  • The company holds a call option after 17 months (2027-10-08, purchase rate 102.8678%).
  • Upon exercise of call option, bondholders are obligated to sell; mandatory holding period until 2027-09-08.
  • The correction involves minor changes to fund names in the list of specific investors (simple clerical correction).

KOSDAQ Filing Information


  • Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)
  • Company: Sangshin Energy Display Precision (091580)
  • Submission: Sangshin Energy Display Precision Co., Ltd.
  • Receipt: 05-06-2026