Eoflow Decides to Issue Convertible Bonds with Put Option
Eoflow decided (amended) to issue convertible bonds on May 11, 2026, with the payment date on June 10, 2026.
The bonds include a put option allowing bondholders to request early redemption quarterly starting 18 months after issuance.
Early redemption rates are based on 3.0% annual compound quarterly, increasing from 104.6069% (1st tranche, Dec 2027) to 108.6196% (6th tranche, Mar 2029).
The purpose is for operating funds, but specific usage details were not disclosed.
KOSDAQ Filing Information
Filing: [Correction of Description] Report on Major Matters (Decision on Issuance of Convertible Bonds)