Designation of Call Option Exercise Person for Convertible Bonds - 12 Monthly Put Options (101-102% Premium)
Blue Industrial Development submitted a major report on May 18, 2026, regarding the designation of the person to exercise the call option on convertible bonds
The company can exercise a put option on up to 50% of bondholders' holdings over 12 monthly periods from May 2027 to April 2028
Purchase price ranges from 101.013% to 102.114% of face value (2% annual compound quarterly rate)
Consideration for the put option is a fee of 1.0% of 50% of the held amount, paid to the underwriter on issuance date
Bondholders must retain 50% of their initial investment unconverted until the last payment date
KOSPI Filing Information
Filing: Report on Major Events (Designation of Person Exercising Call Option for Convertible Bonds)