Blue Industrial Development Decides to Issue 12.5 Billion Won Convertible Bonds

Blue Industrial Development decided to issue convertible bonds totaling 12.5 billion won (10 billion won in cash, 2.5 billion won in-kind).
The convertible bonds include a put option (early redemption) and a call option (issuer's right to purchase).
Put option: exercisable quarterly starting 12 months after issuance, with early redemption yield of 2.00% per annum.
Call option: exercisable monthly starting 12 months after issuance, up to 50% of the issuance amount, with purchase price based on 2.00% per annum.
Conversion price and detailed terms were not disclosed.